The Belgium-based Giva Audiovisual Technologies concern has secured an investment package with prominent investor, LRM, that enables it to scale up manufacturing operations in order to meet increased demand the Apex pro A/V brand’s CloudPower line of installation amplifiers.
‘This new backing from LRM is an important part of our ambitious growth strategy,’ says Apex MD, Paul Van Hees. ‘CloudPower has been a tremendous success for us and this investment helps us to keep up with the order book without compromising our agility and commitment to outstanding quality and support.
‘In parallel, we are actively strengthening our distribution networks to increase access to the range and to pave the way for the product innovations coming through the R&D pipeline.’
LRM is an investment company that develops and stimulates economic growth in the Limburg region of Belgium, where both Apex and Giva Audiovisual Technologies are based.
More: www.apex-audio.be
