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Synopsis
KLH Audio, a manufacturer of high-fidelity loudspeakers and audio equipment, completed the acquisition of Victrola, a US brand that designs and sells record players and consumer audio products. Financial terms were not disclosed. "KLH has maintained a legacy of being one of the most influential names in audio. For nearly 100 years, both KLH and Victrola have repeatedly delivered innovation through beautifully and thoughtfully designed products. Bringing these two brands and teams together merges uncompromising performance with rapid innovation and design, enabling us to deliver the best music playback solutions in the most relevant formats for music lovers today and in the future," Scott Hagen, Victrola CEO.
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