Fri, 21 Dec 2012 | BUSINESS SALE
Welsh record label, Sain Records, which has published music by a large number of high profile Welsh artists since its inception in 1969, has been put up for sale.
The owners of the record label said the timing of the sale is right as they are “getting on in years.” The BBC claims that the back catalogue, from artists including Catatonia, Bryn Terfel, Catrin Finch and Meic Stevens, is thought to be worth “a considerable amount”, although the value of the sale has not been released publicly.
The firm currently employs 24 people and the owners hope to sell the label as a going concerns so that it can continue to operate.
Singer Dafydd Iwan, a director at the company, told the BBC: "It's a good time to see if there's anybody out there who wants to run a major Welsh recording company for the future for the sake of the artists and for the sake of the staff - and I'm sure there are people who will be interested."
He said he hoped it would find a buyer who was interested in more than the label’s back-catalogue and copyright.
Discover the chance to acquire a reputable RICS-regulated expert witness agency in the chartered surveying sector. The company's main focus is on property-related disputes and claims.
This reputable car servicing and MOT testing company, located near a bustling city centre, is equipped with state-of-the-art technology and has a strong presence in the market with potential for expansion into the electric vehicle sector.
This is a unique opportunity to acquire a well-established scaffolding supply business in Scotland, offering comprehensive services and working with blue-chip clients across various industries.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.