M&A Deal Summary |
|
|---|---|
| Date | 2021-06-03 |
| Target | Onkyo - Audio/Video Business |
| Sector | Electrical Equipment |
| Buyer(s) | VOXX International |
| Sellers(s) | Onkyo |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1960 |
| Sector | Electronics |
| Employees | 911 |
| Revenue | 469M USD (2024) |
VOXX International is a consumer electronics company that designs, manufactures, and distributes a wide range of products including automotive entertainment systems, home audio equipment, and security solutions. It is focused on innovation, investing in research and development to create cutting-edge products to meet the needs of today's tech-savvy consumers. VOXX International was founded in 1960 and is based in Orlando, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 10 |
| Sector: Electrical Equipment M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: Japan M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-02-03 |
Vehicle Safety Manufacturing
Newark, New Jersey, United States Vehicle Safety Manufacturing LLC is a provider of heavy-duty turn signal switches, lighting products, and safety components to both Original Equipment Manufacturers and aftermarket customers in the heavy-duty and slow-moving vehicle marketplaces. Vehicle Safety Manufacturing was founded in 1979 and is based in Newark, New Jersey. |
Buy | $17M |
Onkyo is an operator of audio and video home entertainment industry, selling a variety of A/V and stereo receivers, amplifiers and hi-fi components under the Onkyo and Integra brands. Onkyo is based in Osaka, Japan.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Electrical Equipment M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Japan M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |