Harman International Industries has announced the successful completion of its acquisition of Bang & Olufsen’s Automotive car audio business. The deal was announced at the end of April and Harman has paid Euros 145,000,000 for it.
Bang & Olufsen Automotive is well-established as an exclusive brand delivering outstanding sound quality through its unique capabilities within acoustics, design and craftsmanship. In addition to the company’s signature design excellence, its systems incorporate the radical synthesis of emotional appeal and technological performance that represent the hallmark of Bang & Olufsen. HARMAN now will
bring its global marketing, scale
and technologies to the Bang & Olufsen and B&O PLAY car
audio brands to strengthen and
grow the business.
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