Nick Arvanitakis
Audio Pro
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Big hi-fi news this morning, as word reaches us that Sound United has entered into a preliminary agreement to acquire Bowers & Wilkins.
Sound United is a portfolio company of a US-based private equity firm, and already owns Boston Acoustics, Classé, Definitive Technology, Denon, HEOS, Marantz and Polk Audio. Now, in a brief statement, it seems set to add arguably the biggest name in British hi-fi.
Kevin Duffy, CEO at Sound United, said: “Over the course of five decades Bowers & Wilkins built one of the most prestigious brands in the global speaker market with industry-leading acoustical engineering, iconic design and marketing. B&W is a transformative brand and we look forward to the opportunity to finalize the transaction. This reflects Sound United’s unwavering focus to achieve its mission of bringing joy to the world through sound."
Sound United is a portfolio company of a US-based private equity firm, and already owns Boston Acoustics, Classé, Definitive Technology, Denon, HEOS, Marantz and Polk Audio. Now, in a brief statement, it seems set to add arguably the biggest name in British hi-fi.
Kevin Duffy, CEO at Sound United, said: “Over the course of five decades Bowers & Wilkins built one of the most prestigious brands in the global speaker market with industry-leading acoustical engineering, iconic design and marketing. B&W is a transformative brand and we look forward to the opportunity to finalize the transaction. This reflects Sound United’s unwavering focus to achieve its mission of bringing joy to the world through sound."