MAMA & Company has completed a deal for sole ownership of London’s Lovebox festival.

Founded by DJs Andy Cato and Tom Findlay of Groove Armada in 2002 and named after the outfit’s fourth album, the event has grown from a club night to become a three-day annual event held in Victoria Park.

MAMA has been working with the DJ duo since 2007. The acquisition follows news of the company’s management buyout from HMV, and its partnership with financier LDC in ...