British TV brand Linsar has been acquired by Australian company The Tempo Group for an undisclosed sum, it has been announced.
A statement from Linsar noted that the acquisition ‘will enable the Linsar brand to develop significantly in the UK and beyond backed by a first class supply chain and product range.’
Director Barry Kick added: “Linsar is delighted with the acquisition of the brand by Tempo. It will secure the future of the Linsar brand and further develop its value to our amazing customers.”
The Tempo Group commented: “Tempo is excited to have the Linsar brand in the Family, and together we will continue the Linsar story.”
Tempo is a supplier to the home appliance market place in Australia, New Zealand, United Kingdom and United States of America and has offices in Australia, China, UK, Europe and the USA.
Linsar celebrated its tenth anniversary earlier this year, having been founded by directors Terry Reed and Barry Kick in 2006.
