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You are here: Home / Archives for Onkyo Home Entertainment Corp

Onkyo Home Entertainment Corp

VOXX Finally Speaks: We Have an Agreement to Purchase Only Onkyo

June 3, 2021 by Ted 1 Comment

onkyo logo

Well after much coverage on the VOXX/Onkyo deal by Strata-gee, in which VOXX remained strangely silent, the company finally issued a press release today in which they acknowledged that they had signed an asset purchase agreement (APA) with Onkyo for $30.8 million. The deal remains subject to approval by Onkyo shareholders in a vote scheduled to take place on June 25, 2021.

This news was likely not a surprise to Strata-gee readers. But what was a surprise is that this purchase does NOT include the Pioneer and Pioneer Elite brands.

See more on the latest news out of VOXX about Onkyo

[Read more…] about VOXX Finally Speaks: We Have an Agreement to Purchase Only Onkyo

Filed Under: Asian Connection, Financial, Management, Manufacturers, News, Strategy Tagged With: 11 Trading Company, acquisition, Klipsch, Onkyo, Onkyo Home Entertainment Corp, Pioneer, Pioneer Elite, Premium Audio Company, Voxx International

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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