Peavey UK sold up a few years ago. A few studios and music shops bought a lot of equipment and I had about 18 months of mainly Peavey repairs. Much of it was customer warranty returns where they'd just sent out a replacement. Many of the tube amps had basic faults - 1/2 hour fixes and I wondered why Peavey had never even taken the trouble to take a look at what's wrong. Most of the mixers and PA amps needed a lot of work (in some cases fairly extensive) and the bargain gear didn't turn out to be such a good deal in the end.