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D&M Holdings, Inc. to Acquire Mcintosh Laboratory, Legendary High-End Audio and Home Theater Specialist; - Acquisition of McIntosh Adds Ultra Premium A/V Brand to D&M Holdings -.

Publication: PR Newswire
Publication Date: 11-MAR-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
D&M Holdings Inc. (TSE II: 6735), parent company of Denon, Ltd. and Marantz Japan, Inc., announced today that it has agreed to acquire McIntosh Laboratory, Inc., a world leader in home entertainment systems, from Clarion Corporation of America, a subsidiary of Clarion Co. Ltd., a leading manufacturer of car audio and electronics.

Financial terms of the acquisition were not disclosed

McIntosh, a 53-year-old company based in Binghamton, N.Y., designs and manufactures high-end audio, home theater and car audio products. The McIntosh brand has a...

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