M&A Deal Summary

Audiovox Electronics Acquires Code Systems

On January 7, 2002, Audiovox Electronics acquired electronics company Code Systems

Acquisition Highlights
  • This is Audiovox Electronics’ 1st transaction in the Electronics sector.
  • This is Audiovox Electronics’ 1st transaction in the United States.
  • This is Audiovox Electronics’ 1st transaction in Michigan.

M&A Deal Summary
Date 2002-01-07
Target Code Systems
Sector Electronics
Buyer(s) Audiovox Electronics
Deal Type Add-on Acquisition

Target

Code Systems

Madison Heights, Michigan, United States
Code Alarm, Inc. designs, engineers, manufactures, and markets advanced vehicle electronics including automotive security systems and components, remote keyless entry systems, security and convenience accessories and remote car start systems.

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Buyer(S) 1

Buyer

Audiovox Electronics

Hauppauge, New York, United States
Category Company
Sector Distribution
DESCRIPTION

Audiovox Electronics Corp. a marketing automotive accessories company.

DEAL STATS #
Overall 1 of 2
Sector (Electronics) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Michigan) 1 of 1
Country (United States) 1 of 2
Year (2002) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-04 Terk Technologies

Commack, New York, United States

Terk Technologies Corp. designs, manufactures and distributes branded radio and TV antennas as well as selected components for sound/stereo systems.

Buy $13M
Mergr

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