We are pleased to announce that on July 11th Blackstar completed a Management Buy Out (MBO).
The deal means that Blackstar will remain an independent company with founding management owning a majority share in the business.
This MBO ensures long term stability for the business and allows us to further develop our ties with our existing distribution, manufacturing and retail partners.
Ian Robinson (co-Founder, Managing Director) said: “This marks an exciting new chapter in Blackstar’s history, which will allow us to retain our independence and gives us the opportunity to take our business to the next level. We are looking forward to many years of working with our distributors, dealers and, most of all, our customers to continue to deliver ‘The Sound InYour Head’.”
Paul Hayhoe (co-Founder, Sales & Marketing Director) said: “We celebrate our 10th anniversary this year and are really looking forward to developing the new opportunities we now have. Expect more exciting news from Blackstar soon.”