Chow Tai Seng Jewelry Co., Ltd. established a separate business venture, MBL International, to acquire assets of a private German company MBL Akustikgeräte GmbH & Co. KG, inventor of radialstrahler loudspeaker technology and prominent high end audio manufacturer. MBL Akustikgeräte GmbH & Co. KG was put into administration by Berlin court in the end of May 2025 (see our post here).
Chow Tai Seng Jewelry Co., Ltd produces and sells expensive jewelry items in China since 2007. It’s subsidiary, United Audio, is a distributor of MBL and several other German brands in mainland China.
Effective October 1st, 2025, the acquisition provides full creditor repayment and keeps all of 50 jobs safe at MBL Berlin office and Eberswalde factory. The legal process of transfer-based restructuring was overseen by insolvency administrators (Frank Bauschwitz and PLUTA Rechtsanwalts GmbH) for MBL Akustikgeräte GmbH & Co. KG and DreistStorgaard and Brödermann Jahn law firms for MBL International.
In recent years China overtook around 40–50% share of lab grown diamonds in the world and Chow Tai Seng Jewelry Co., Ltd. is one of the ventures behind this success, with more than 4000 employees.
Written by Sergei Taranov
