Harman UK sold off
Harman International has announced the sale of its distribution business for the company's professional group in the UK and Ireland to Sound Technology.
The statement from Harman International reads:
The agreement transfers to Sound Technology a strong team of sales professionals and exclusive distribution rights for JBL Professional, Crown, Soundcraft, AKG, dbx, BSS Audio and Lexicon products in the U.K. and Ireland.
“Sound Technology is a premier pro audio distribution business in the U.K. and Ireland with strong market knowledge and a commitment to selling systems across Harman’s served vertical markets,” said Blake Augsburger, Harman Professional Chief Executive Officer. “This direct-to-third-party shift provides Harman the entrepreneurial drive necessary to support its international go-to-market strategy.”
“We are thrilled to be representing the legendary professional brands of Harman International,” said Robert Wilson, Chairman of Sound Technology plc. “The acquisition of Harman Pro’s UK distribution with its portfolio of advanced solutions reinforces Sound Technology’s position within the M.I. industry whilst substantially expanding and diversifying the company into the vertical markets of installation, broadcast and touring sound.”