Tymphany, an audio ODM, has acquired Bang & Olufsen's engineering and manufacturing operation in the Czech Republic to accelerate its growth.
The company's global footprint will expand to four manufacturing locations and five audio product engineering centres. All current B&O production within the Czech facility will transfer to Tymphany as part of the agreement.
The team acquired from B&O is experienced in mechanical engineering, production test, acoustics and new product introduction. Tymphany plans additional investments to create a European centre of excellence for the engineering and manufacture of premium consumer and professional audio systems.
“We are extremely excited to bring the highly-experienced Bang & Olufsen Czech Republic team into Tymphany. This will strengthen our global engineering and manufacturing capabilities, and will further enable us to offer world-class service to both European customers and our customers that operate through a global footprint”, says Phil McPhee, Tymphany European business unit head.