Important news in the world of professional audio: the sale of the well-known Martin Audio brand to LDC by LOUD Audio has been announced.
The parent company of leading audio brands Mackie and EAW, LOUD Audio, has concluded the sale of the renowned Martin Audio brand to LDC, a private equity firm from the United Kingdom. This move is aimed at allowing LOUD to narrow its focus and deliver the best possible products and experience to its Pro Audio customers.
Martin and LOUD will be working together over the next few months to ensure a smooth transition for all customers, dealers, and distributors.
“Bringing some of the technical and operational expertise of the LOUD enterprise to Martin Audio and drawing on Martin’s fanatical passion around sound quality created a nice marriage of capabilities”, said Mark Graham, CEO of LOUD. “While we are sad to see them go, we believe this change will benefit both businesses. We wish the brand and all the Martin employees the very best of luck.”
In response, the words of Dom Harter, Managing Director of Martin Audio: “Our success to date has been underpinned by providing equipment of the utmost quality to help deliver an unforgettable listening experience to people across the globe. The next phase of our journey will benefit from an investment partner like LDC, which has demonstrated a shared vision with a focus on developing our product line even further, and ensuring we have a rock-solid infrastructure in place to extend our global reach.”
This post is also available in: Italian
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