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After months of difficulties with capital funding due to taking on too many projects, Berlin-based ADAM Professional Audio announced its acquisition by German entrepreneurs CWM Holding Company in mid-December.
German investment company CWM has acquired the studio monitor manufacturer's assets
ADAM Audio, the Berlin-based manufacturer of active studio monitors for the professional audio industry, is restructuring its business, having filed for bankruptcy around a week ago. ADAM was co-founded by Klaus Heinz and Roland Stenz in 1999; Stenz left...