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Union-Tech Corp., Ltd >> news >> The Chinese audio industry first cross-border mergers and acquisitions

The Chinese audio industry first cross-border mergers and acquisitions

The first Chinese audio industry, cross-border m&a quietly leading is AiLang acoustics events with the parent company takeover group, is the VIFA (Denmark). This is a reporter yesterday on honour with sound (under another sound brand) the first national conference on the news agency reported that the merger, amount to 5,000 yuan.

With the overseas group division director, general manager any BiJun when accepting a reporter to interview revealed how the news, says, with RMB 50 million, the group's hair and make the control, and other 38% 62% of the parent company VIFA by equity still acoustic (DST) company in Denmark, it holds, has been signed purchase agreement.

America's hair has 62% equity

VIFA acoustic (DST) is the top brand of speaker. It is reported, this company founded in 1933, 1981, Denmark kingdom became a holding company.

Have 70 years of history DST company is one of Europe's biggest H I - Fi/Hi - the first speaker factory, belongs to the European banking institutions subordinate holding company, including Vifa Scan, Logic, and Speak - Peerless four brands.

Indeed, with both sides have cooperation with DST, early in April last year, both in Denmark DST company reached related cooperative intentions. Last July, beauty and the establishment of joint venture company VIFA Dan in the U.S. and Canada VIFA establishment phase ii project of high quality production base, speaker unit in China market VIFA high-end stereo system.

Beauty and sail through group

That's the beauty of cross-border mergers and acquisitions, add, its intention to borrow sail. How about BiJun admit, beauty, and successful VIFA Denmark, the latter is the international market network. With its beautiful statue LiZiPing general audio and revealed, with large groups to overseas markets, the establishment of a new military overseas company, has batch export overseas.

Yesterday, beauty and group President ambivalence towards the reporters, beauty is integrated with group. Its audio weilai to IT, informationization, li honour car stereo sound will march. It is reported, current li honour is with some international famous automotive audio manufacturer, to discuss the car audio talks of the technical aspects of the introduction and cooperation.

In addition, YangLian revealed, with its AiLang and Shanghai jiaotong university, the association for Chinese digital home theater standards. Previously, the reporter from America, a top group, beauty in 2003 was also intends to invest KongDiaoYe, meanwhile, YangLian revealed, beauty and group will also in plasma TV, display investing.


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