The sale comes 33 years after the company was established by Tony and Sandra Cockell. However, it does not mark Tony and Sandra's exit from the business. "We are delighted to say that both Tony and Sandra are going to stay with Formula Sound and that the company is to continue unchanged," says Barry Penaligon of GES, who will now take up the position of General Manager with Formula Sound.
"Sandra and I felt it was time to bring some new blood into the company, and the plans which GES has for the future of Formula Sound form a natural continuation of all the work we have put in over the years," says Tony Cockell. "We are now embarking on plans for some exciting new products to be introduced in the future."
"We should make it absolutely clear that very little will change," adds Barry Penaligon. "We will maintain the same level of product quality and customer service that Formula Sound has become known for. Equipment and component specifications will not change, and all Formula Sound products will continue to be built entirely in the UK."
(Lee Baldock)
