Wow! Very interesting indeed!
US Music Corp Announces Sale of Eden Bass Amps to Marshall Amplification plc
US Music Corp announced today that they have sold their Eden Bass Amplification business to Marshall Amplification plc. The transaction was concluded on December 22, 2011.
In commenting on the purchase of Eden, Jonathan Ellery, Managing Director of Marshall stated “We are very pleased to be able to add this revered brand to our business. We feel that Eden is a great strategic fit within our Marshall Amplifier line and therefore we have the opportunity to increase the Eden brand’s presence worldwide. We are prepared to invest in the development of new products and to expand the awareness of the brand.”
Barry Ryan, President of US Music Corp added, “The sale of Eden Bass Amps to Marshall will result in more resources being dedicated to the brand and that will translate into a continually improving and evolving line of Eden Bass Amp products. We are pleased to be able to continue to represent Eden in the United States as the exclusive distributor and our North American customer base will not be impacted as a result of the sale.”