AMI Entertainment Network Acquires UK Digital Jukebox Manufacturer NSM Music Group.
M2 EQUITYBITES-February 13, 2017-AMI Entertainment Network Acquires UK Digital Jukebox Manufacturer NSM Music Group
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13 February 2017 - US-based music and video company AMI Entertainment Network Inc has acquired UK-based digital jukebox manufacturer NSM Music Group Ltd., the company said.
Terms of the transaction were not disclosed.
NSM is a digital jukebox manufacturer and operates a digital music network serving bars, pubs and restaurants in locations in North America, the United Kingdom and Europe.
The company is headquartered in Leeds, England.
NSM has been designing and manufacturing jukeboxes since 1951.
Headquartered in Leeds, United Kingdom, NSM is in combining aesthetics with new technologies to design, develop, and manufacture the next generation of digital jukeboxes, video jukeboxes, internet jukeboxes, and music products.
With a music library of over 250,000 tracks, NSM distributes music content through its digital jukeboxes to UK-based operators through its own music server.
AMI Entertainment Network is owned by Harbour Group, is a privately owned, operations focused company based in St. Louis, Mo.
Harbour Group's companies are engaged in manufacturing and distribution in multiple industries, including scientific products and lab ware, thermal management solutions, flow and energy measurement, boiler systems, professional diagnostic and repair tools, niche distribution, logistics services, abrasives, diamond-cutting products and related tools, entertainment and music products, and auxiliary plastic processing equipment.
Since its founding in 1976, Harbour Group has acquired 190 companies in 39 different industries.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Feb 13, 2017|
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