Trombone manufacturer, Michael Rath Trombones, has been acquired by global musical instrument retailer, John Packer Musical Instruments.
The agreement will see John Packer Musical Instruments look after marketing, distribution, and logistics for the Yorkshire business. Mr Rath and his full team will remain with the business and continue to build and manufacture trombones at their factory in Honley, Huddersfield.
The transaction was led by Holden Smith’s corporate team.
Rob Kelly, director and head of corporate at Holden Smith, said: “The acquisition of Michael Rath Trombones was a really interesting transaction to work on, not least because of the unique nature of the product!
“Their trombones are found in almost every conceivable musical situation, from symphony orchestras and opera houses to film and television studios around the globe. They are made in Huddersfield, but sold across the world, with the USA being a particularly important market.
“It has been a pleasure for Holden Smith to be able to act on behalf of owners Michael and Nicola Rath through the acquisition by John Packer Musical Instruments, acting for them for every step of the sale of the entire issued share capital of the company.”
