New Owners for ADAM Professional Audio
Berlin, December 15th 2014. German entrepreneurs with the CWM holding company have acquired ownership of ADAM Professional Audio on December 11th, 2014. ADAM Professional Audio ran into difficulties with capitial funding after taking on too many projects and products.
The new owners stated that their goal is to invest in ADAM Audio bringing production back up to normal and to invest in new products which will strengthen the competitiveness of ADAM Audio already excellent market position.
A representative of the new shareholder, Sebastian Canzler states that: “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: “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.”
Established in Berlin, Germany in 1999, ADAM Audio is a leading manufacturer of loudspeakers in both Pro Audio and Consumer Audio markets. ADAM Audio has designed and manufactured loudspeakers that has set new standards in precision audio monitoring and natural sound reproduction. ADAM audio‘s portfolio offers three series in professional studio monitors , a multimedia loudspeakers line, Home Theater/installation speakers, and high-end speakers for home listening.
ADAM Audio operates sales offices in the USA, Great Britain and China. Products of ADAM Audio are distributed on a worldwide scale within a network of distributors and dealers in more than 75 countries. For more information on ADAM Audio please go to www.adam-audio.com.