Sound United buy Onkyo and Pioneer
Sound United has reached a preliminary agreement with Onkyo Corporation. The agreement has for object the purchase of the division, the audio of the Onkyo, currently comprised of the lines of the Onkyo, Pioneer, Pioneer Elite, and Integra. Remember that Sound United is the airline that in 2017 has found Denon and Marantz, and currently also check Definitive Technology, HEOS, Classé, Polk Audio and Boston Acoustics.
The negotiated terms at the moment, it will enable the two companies to proceed quickly to define the final terms and conditions of the agreement. Kevin Duffy, CEO of Sound United, will assume the same position for the new brands in the acquisition phase. The transaction will enable Sound United to provide consumers with products of premium level "sewed" tailor-made for any type of use.
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