Business
Completion of Acquisition of Martin Audio Ltd
Completion of Acquisition of Martin Audio Ltd.
About this update from Focusrite Plc
[{"type":"text","content":"\n \nRNS Number : 2797Y Focusrite PLC 30 December 2019 \n\nFor immediate release\n \nFocusrite plc\n \n(\"Focusrite\" or \"the Group\")\n \nCompletion of Acquisition of Martin Audio Ltd\n \nFocusrite plc (AIM: TUNE) announces that, pursuant to its announcement on 19 December 2019 that it had acquired Martin Audio and associated companies, and its announcement that the resolution set out in the Notice of General Meeting circulated to shareholders had been approved at the General Meeting of Focusrite held earlier today, the Group has now drawn down its new loan facilities and completed the acquisition of Martin Audio and associated companies.\n \n-ends-\n \nEnquiries:\n \n\n\n\nFocusrite plc:\n\n\n+44 1494 836301\n\n\n\n\nTim Carroll (CEO)\n\n\n\n\n\n\n\nJeremy Wilson (CFO)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPanmure Gordon\n(Nominated Adviser and Broker)\n\n\n+44 207 886 2500\n\n\n\n\nFreddy Crossley\n\n\n\n\n\n\n\nErik Anderson\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBelvedere Communications\n\n\n+44 20 3687 2756\n\n\n\n\nJohn West\n\n\n\n\n\n\n\nLlew Angus\n\n\n\n\n\n\n \nNotes to Editors\n \nFocusrite plc is a global music and audio products group that develops and markets proprietary hardware and software products. Used by recording professionals and musicians alike, its solutions facilitate the high-quality production of recorded and live sound. The Group trades under six established brands: Focusrite, Focusrite Pro, Novation, Ampify, ADAM Audio and Martin Audio.\n \nWith a high-quality reputation and a rich heritage spanning decades, its brands are category leaders in the music-making and audio recording industries. Focusrite and Focusrite Pro offer audio interfaces and other products for recording musicians, producers and professional audio facilities. Novation and Ampify products are used in the creation of electronic music, from synthesisers and grooveboxes to industry-shaping controllers and inspirational music-making apps. ADAM Audio studio monitors have earned a worldwide reputation based on technological innovation in the field of studio loudspeaker technology.\n \nMartin Audio designs and manufactures performance ready systems across the spectrum of sound reinforcement applications...