Andre Zeugner from Adam Audio has been in touch to tell us that German entrepreneurs with the CWM holding company on December 11th, 2014 have acquired ownership of ADAM Professional Audio . As we reported earlier, ADAM Professional Audio ran into difficulties with capitial funding after taking on too many projects and products.
The new owners have already gone on record that their goal is to invest in ADAM Audio and bring production back up to normal as well as to invest in new products which will strengthen ADAM Audio’s already excellent market position.
A representative of the new shareholder, Sebastian Canzlertold us….
ADAM Audio is known worldwide in the pro audio industry for its superb speakers. Due to the high precision and quality of the products as well as the large technical expertise of its employees, the company has become very quickly a leading supplier of professional audio monitors. All of this provides a very good basis for further growth, which we strive for together with the existing team.
Sven Schmöle, Managing Director of ADAM Audio added…
With CWM we have a partner on our site that supports our passion for innovation and helps us realize our full potential. Our task now is to resume production as soon as possible in order to supply our customers with products again.