HongShan to acquire a majority stake in Marshall Group for €1.1bn.

HongShan, a venture capital and private equity firm, agreed to acquire a majority stake in Marshall Group, an audio, tech and design powerhouse, for €1.1bn. "Marshall is one of the world's most iconic brands, firmly rooted in music culture. By building on this legacy, we are convinced that Marshall will strengthen its position as the go-to brand for guitarists and as the most exciting brand for music lovers globally. We are thrilled to partner with the Marshall family and the team at Marshall to write music history," Steve Jia, HSG Partner.