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Besson sale re-structure |
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Besson Musical Instruments Limited, the manufacturer of brass instruments, announces that it is currently undergoing restructuring prior to a sale of the business. A sale is expected to be achieved within the next few weeks.
The company was acquired in 2003 by The Music Group, a company formed for the purpose of purchase of the instrument manufacturing companies of the Boosey & Hawkes Group.
John Rogers, Managing Director of Besson Musical Instruments, commented:
“Trading continues whilst the restructuring programme is underway. The steps we are taking are necessary to ensure that the business’s cost base, as it enters new ownership, is commensurate with the scale of its operations.” |