Today, 18th July, Midwich Group published its Pre-close Trading statement for the six months ended 30 June 2023 which included the announcement of the acquisition of HHB Communications Holdings Limited (“HHB”), a leading supplier of specialist professional audio equipment, content creation products, and music technology.
Representing manufacturers such as RØDE, Genelec, and AVID from its three London locations, HHB joining the Group further develops Midwich’s offering in the strategically important broadcast, media, and entertainment markets.
Founded in 1976 and with 55 employees, HHB has built a name for itself in the broadcasting, media and entertainment market and has supported many notable postproduction facilities, film, gaming, recording studios, and broadcasters with its products used by the likes of Warner Brothers, BBC, Sky and Pinewood Studios.
Stephen Fenby, managing director of Midwich Group Plc, said:
"I am delighted to welcome HHB, our third new broadcast, media and entertainment business to the Group this month. This market involves key technology categories, and we will continue to invest in this market to support our vendors and customers.”
HHB’s existing leadership team will remain post-acquisition, with its founder, Ian Jones, continuing at the helm as managing director.
Mark Lowe, managing director of Midwich UK&I, said:
“It’s fantastic news to bring HHB into the Group. HHB’s experience, dedication, excellent customer service, and strong vendor relationships enables us to develop our offering in this dynamic market while providing a complete solution to our customers from market-leading vendors.
“Across the group, we have seen the growing convergence between our markets with new technologies from broadcast, media and entertainment joining the AV product mix. Combining our efforts gives us a somewhat unique positioning in the UK with our ability to offer the exciting combination of products, knowledge and technical support across AV, broadcast, media, and entertainment.
“We look forward to working with the HHB team to share expertise and resource to provide compelling opportunities for our customers.”
Ian Jones, managing director of HHB, added:
“At its core, HHB has always been focused on providing a very high level of customer service and support. We have found a partner in Midwich that fully recognises and believes in this approach to doing business, along with our unique culture and ethos.”
This follows the Group’s announcement earlier this month of the acquisitions of Toolfarm and 76 Media Systems in the US, continuing its investment in the broadcast market, including a first dedicated investment in software distribution.