Nashville-based Gibson Guitar has purchased Garrison Guitars, a company based in St. John's Newfoundland, Canada.
The acquisition will further Gibson's expansion in the acoustic guitar market and allow it to offer a new series of Gibson brand acoustic guitars aimed at the mid-range price point, the company says in a news release. The terms of the acquisition were not disclosed.
The new guitar series will be introduced at the Summer NAMM convention in Austin, Texas.
Read the entire story in the Nashville Business Journal