TC Group, a designer and manufacturer of innovative sound products, is expecting to be sold in its entirety this year. Pro Systems News spoke to CEO Anders Fauerskov and he says the decision is partly based on some main shareholders wanting out and partly a strategic review showing that its future growth opportunities would be significantly improved under a different, and financially stronger ownership.

“The profiling of “TC Group’ and the bringing together of the individual brands under that umbrella is unrelated to the sale of the company shares,’ he says, adding that initial feedback from potential buyers had been strong.

“TC Group has shown strong and profitable growth for many years now. The main assets having made that happen is firstly the people in the company, secondly the brands. So, whereas a new owner is entitled to do what they want, I strongly believe that they’d be wise to maintain and build on those assets.’