M&A Deal Summary

The Vitec Group Acquires Audix

On January 11, 2022, The Vitec Group acquired electrical equipment company Audix for 54M USD

Acquisition Highlights
  • This is The Vitec Group’s 2nd transaction in the Electrical Equipment sector.
  • This is The Vitec Group’s largest (disclosed) transaction.
  • This is The Vitec Group’s 1st transaction in Taiwan.

M&A Deal Summary
Date 2022-01-11
Target Audix
Sector Electrical Equipment
Buyer(s) The Vitec Group
Deal Type Add-on Acquisition
Deal Value 54M USD

Target

Audix

Taipei, Taiwan
Audix designs, engineers and manufactures high performing, innovative microphones for the professional audio industry. Audix was founded in 1984 and is based in Taipei, Taiwan.

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Buyer(S) 1

Buyer

The Vitec Group

Richmond, United Kingdom
Category Company
Founded 1909
Sector Technology Hardware
Employees1,800
Revenue 291M GBP (2020)
DESCRIPTION

The Vitec Group is a provider of products and services for the broadcast and video; photographic; and military, aerospace, and government (MAG) markets worldwide. The Vitec Group was founded in 1909 and is based in Richmond, the United Kingdom.

DEAL STATS #
Overall 12 of 12
Sector (Electrical Equipment) 2 of 2
Type (Add-on Acquisition) 10 of 10
Country (Taiwan) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-16 Savage Universal

Chandler, Arizona, United States

Savage Universal is a manufacturer of quality board and paper products. Savage Universal is based in Chandler, Arizona.

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