Marshall Group Sold to HongShan Capital Group (HSG)

In an unexpected turn of events as the company returned to the NAMM Show for the first time in five years, Marshall Group AB, the new Swedish-Anglo company created in 2023, announced they sold the majority stake to private equity fund HongShan Capital Group (HSG) from China. The major selling shareholders - Altor, Telia Company, Time for Growth, and Zenith VC - have all entered into an agreement with HSG in a deal valuing the company at 1.1 billion Euros. The Marshall family will retain a meaningful stake of over 20 percent in the company.