Marshall Sells to Hong Kong’s HSG in $920 Million+ Deal, Plans to Unlock Its ‘Full Potential Across the World’
HongShan Capital Group (HSG), which has acquired a majority interest in the “audio, tech and design powerhouse” at a $1.16 billion (€1.1 billion) valuation. Stockholm-based Marshall and Hong Kong-headquartered HongShan (formerly Sequoia China) quietly announced the acquisition in a brief release.