"I am very happy that the offer has been accepted," says Anders Fauerskov, CEO at TC Group. "The timing is perfect for a co-operation in technology like this, as the market of today clearly shows a need for an innovative fusion of technologies. Within the new TC Group, we now have the acoustics knowledge, driver technology, digital signal processing know-how, and amplification and power supply skills to make a major impact in the future market for integrated solutions."
TGI plc is a holding-company which covers four companies in the speaker market - Tannoy, Martin Audio, Lab Gruppen and GLL.
TC Group represents three brands within the audio processing industry: TC Electronic, manufacturer of a wide range of multi award-winning digital processors, TC-Helicon, producing digital vocal processors, and TC Works developing top-end award-winning software solutions. The Group is also responsible for the worldwide marketing and distribution of Dynaudio Acoustics high-end and ultra high-end monitor solution.
(Ruth Rossington)