MBL Akustikgeräte, a Berlin-based high-end audio company, was acquired by Chow Tai Seng, ending its insolvency proceedings.
Chow Tai Seng, a leading Chinese luxury goods conglomerate, plans to maintain MBL's German production facilities and expand its global distribution network.
MBL's unique product, the Radialstrahler series, is known for its innovative design and exceptional sound quality.
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