Loud Technologies Inc. has divested itself of Mackie Designs (Italy) S.p.A. (formerly Radio Cine Forniture (RCF) S.p.A.) for a nominal amount. The divestiture occurred by means of the sale of all shares of Mackie Italy by Mackie Designs (Netherlands) B.V. The divestiture, which included the sale of the former RCF factory and administrative office in Reggio Emilia, the RCF brand name, and all Italian-based assets, also results in the immediate removal of over $23 million in related bank debt ...
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