Sound United completes Bowers & Wilkins acquisition

posted on Friday, 9th October 2020 by Steve May

Hi-fi  home cinema  Trade 

[#pageName]

Sound United, parent company to Denon, Polk Audio, Marantz, Definitive Technology, Classé, and Boston Acoustics, has announced that it has finalised the acquisition of Bowers & Wilkins.

“Acquiring Bowers & Wilkins combines its industry-leading acoustic design, engineering and manufacturing expertise in the premium category with Sound United’s scale, technical acumen and consumer reach to ensure Bowers & Wilkins thrives moving forward,” said Kevin Duffy, CEO at Sound United.

“Sound United has a strong track record of enthusiastically protecting each of its brands’ unique identities and core competencies, and our approach with Bowers & Wilkins will be no different. In fact, we believe the entire portfolio stands to benefit from the addition of Bowers & Wilkins, which in turn translates into exciting new products, technologies and opportunities for our consumers, distributors, dealers, and all audio enthusiasts around the world.”

Geoff Edwards will ensure continuity by becoming President of the Bowers & Wilkins brand at Sound United. The acquisition includes all worldwide third-party distribution and licensing agreements under which Bowers & Wilkins premium audio products are currently sold. Investing in additional brands enables Sound United to better innovate across product categories, feature sets, technology partners, and consumer segments. As part of the acquisition, Sound United says it will support the development of new Bowers & Wilkins products to support the brand’s position in the premium acoustic home audio market.

“This acquisition represents a new era for Bowers & Wilkins and offers a fresh opportunity to focus on what we do best: building the industry’s finest loudspeakers,” said Geoff Edwards, CEO of Bowers & Wilkins. “We’re looking forward to combining our organisations and becoming a part of the industry’s strongest portfolio of premium audio brands.”

Steve May

Inside CI Editor Steve May is a freelance technology specialist who also writes for T3TechRadarHome Cinema Choice, Trusted Reviews and The Luxe Review.

Share this!

Have your say...

Sorry guests can't post comments.

Please Login if your an existing member or Register a new account.

Authors

Latest Posts

Midwich confirms Tech Xpo trade show for October

Midwich confirms Tech Xpo trade show for October

17

Aug

2022

posted by Steve May

Popular free AV event return to Ascot after two year hiatus

More...
.
LG promises Life Reimagined for IFA 2022 return

LG promises Life Reimagined for IFA 2022 return

16

Aug

2022

posted by Steve May

Innovations aplenty await those who visit LG’s Berlin booth 

More...
.