Premium Audio Company, a subsidiary of the Voxx International Group, a wholly owned subsidiary of VOXX International Corporation ("VOXX"), is pleased to announce that audio solutions from Onkyo brands, Integra and Pioneer will soon be available for purchase for its existing network of distributors and resellers in Europe, the Middle East and Africa. The products will be available this fall.
In September 2021, Premium Audio Company, through its joint venture with Sharp, acquired the Onkyo and Integra brands, and, through VOXX, it established a license and distribution agreement with Pioneer Corporation. The collaboration includes all intellectual property and responsibility for product development, engineering, sales, marketing and distribution of Onkyo's Home Entertainment business. Under the joint venture, Sharp assumed all manufacturing of these products, which include a variety of A/V and stereo receivers, amplifiers and hi-fi components under the Onkyo, Integra, Pioneer and Pioneer brands. Elite.
Paul Jacobs, President and CEO of Premium Audio Company, said: "Demand for Onkyo, Integra and Pioneer products has been very strong, and we expect it to intensify in the years to come. We have been working in working closely with Sharp to increase production and have already grown our business significantly since completing the acquisition. We have big plans for Onkyo and the other brands and as we expand production and expand distribution, we believe sales will more than double in the short term."
The combination of the world's leading loudspeaker brands and the most technically sophisticated Japanese electronics brands ushers in a new era of design, innovation and performance. Premium Audio Company looks forward to creating cutting-edge products for the next 75 years, to ensuring the profitability of its partners and to enabling its customers to live their passion for entertainment.
No comments:
Post a Comment