Midas, Klark Teknik Join the Music Group

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Midas, Klark Teknik Join the Music Group

Dec 8, 2009 4:32 PM

Kidderminster, UK � Dec 8, 2009 - The Music Group, parent company of Behringer, has signed a deal to acquire the Midas and Klark Teknik brands from Bosch Communications Systems. The Music Group is managed by Uli Behringer and Michael Deeb.

The sale of Midas and Klark Teknik is part of an asset deal that was signed on Dec. 8, 2009. The sale is subject to regulatory approval.

The Music Group plans to retain all 106 employees currently working at Midas and Klark Teknik. The brands will continue to operate independently with the added resources of the Music Group.

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