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d&b audiotechnik attracts Ardian’s ardour

Dave Robinson 29 February 2016
d&b audiotechnik attracts Ardian's ardour

Working alongside the existing board of directors, Ardian, an independent private investment company, is set to acquire loudspeaker systems manufacturer d&b audiotechnik GmbH from current owners Odewald & Compagnie and COBEPA.

As part of the transaction, the incumbent management team, led by CEO Amnon Harman, will take a stake in the company.

Details of the deal were not disclosed, while the transaction is still subject to approval by the relevant antitrust authorities.

d&b audiotechnik was founded in 1981 and is based in Backnang, Germany (shown above). Since the company’s acquisition by Odewald & Compagnie and COBEPA in 2011, sales of premium-quality loudspeaker systems have more than doubled from €44 million to €94 million in the financial year 2015. The number of employees has also risen sharply from 200 in 2011 to around 350 today, and production capacity has also double during this period.

d&b has seen a growth in its permanently installed audio systems, as well as the founding of new subsidiaries in Europe, the USA and Japan: d&b operates in a total of more than 70 countries.

Amnon Harman, CEO copyAmnon Harman, CEO of d&b (right), said: “Together with our new shareholder Ardian, we particularly want to further develop in the Asia-Pacific, South American and North American markets and further expand our leading position in our European home market. On the product side, we will continue to expand the business with permanently installed systems and the development of new, innovative audio solutions. We would like to thank our former shareholders Odewald & Compagnie and COBEPA for their support over the past years – they set the strategic course for our success today and specifically invested in helping us reach our growth potential.”

Ardian, founded in 1996 and led by Dominique Senequier, has assets of US$55bn managed or advised in Europe, North America and Asia, and employs over 400 people in twelve offices around the world, including Paris, London and Frankfurt.

D&B StaffPictured here (left to right): Hans-Peter Nüdling (chief sales officer), Sabina Berloffa (chief marketing officer), Kay Lange (CFO), Amnon Harman (CEO), Frank Bothe (head of R&D) and Markus Strohmeier (managing director) 

www.dbaudio.com

www.ardian.com

www.odewald.com

www.cobepa.com

 

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