Joining Midas and Klark Teknik as ‘anchor brands’ in its professional audio portfolio, Turbosound has now been acquired by the Music Group from former owner, Proel.
‘Since the acquisition of Midas and Klark Teknik we have been pursuing a loudspeaker brand that complements the consoles and processing offered by these historic brands,’ reveals Music Group founder and CEO Uli Behringer. ‘Throughout our search, Turbosound has stood out as the ideal match because of its extensive IP, sterling reputation and a first-class team of people. I am very proud to welcome Simon Blackwood and his team to our family.’
According to the Music Group’s official styatement, ‘it is expected that Turbosound will benefit from Music Group’s extensive infrastructure while retaining their own manufacturing, sales, marketing and distribution network worldwid’.
‘We will invest heavily in positioning Turbosound at the very pinnacle of the industry, as we have done with Midas and Klark Teknik, where we have financed over $20m in new automated manufacturing, quality control systems and engineering resources, including a new Center of Engineering Excellence in Manchester, UK,’ Behringer adds.
‘With the incredible people and resources of the Music Group behind us, I am thrilled to enter a new era of unprecedented growth,’ says Turbosound MD, Simon Blackwood.
More: www.music-group.com
More: www.turbosound.com
