The Bose Corporation, based in the United States, has announced its acquisition of the McIntosh Group. This group serves as the parent company for McIntosh as well as the Italian loudspeaker manufacturer Sonus faber. Bose has indicated that, at this time, there will be no alterations to the business operations of either McIntosh or Sonus faber, and production facilities will remain in their current locations.
The acquisition will allow Bose to integrate its innovative research and technology into the high-performance and luxury segments of the market, while continuing to build out its premium solutions. From earbuds and Bluetooth speakers to luxury home and car systems, Bose and McIntosh Group will offer consumers a unique range of products. Well, Bose Bluetooth speakers and Sonus faber speakers are worlds apart.
The combined strengths of Bose and McIntosh Group could also open up new opportunities in the automotive space, according to the press release. By leveraging Bose’s 40-year expertise in automotive audio, as well as McIntosh Group’s heritage in performance and design, the two brands will work together to expand their research and develop authentic in-car experiences that redefine automotive sound.
“For the past six decades, we’ve delivered the best possible premium audio experiences; now, with McIntosh Group in our portfolio, we can unlock even more ways to bring music to life in the home, on the go and in the car,” said Lila Snyder, CEO of Bose Corporation. “We look forward to honoring the heritage of these brands, investing in their future and pushing the boundaries of audio innovation to give customers experiences they’ve never heard before.”
“Bose’s dedication to research and singular focus on audio presents a tremendous opportunity to complement and enable our own quest to deliver inimitable, ultimate audio experiences,” said Daniel Pidgeon, CEO of McIntosh Group. “And having access to their expertise as a pioneer in automotive audio will also help us accelerate our presence and enable us to deliver solutions that match our reputation and performance standards.”
Bose acquired McIntosh Group from Highlander Partners, LP, a Dallas-based private investment firm. Additional information, including financial and other terms of the transaction, remains confidential.
Bose will continue to develop products and experiences in popular categories like headphones, speakers, sound bars and car audio, while advancing critical technologies like noise cancellation, hearing enhancement and immersive audio. McIntosh and Sonus faber will continue to focus on amplifiers, speakers, turntables and other high-end products. Together, the brands will deliver new products, tailored offerings and listening experiences for music lovers around the world.
For the time being, there will be no changes to the way McIntosh and Sonus faber operate. All employees will continue to do their jobs and the production locations will remain where they are now.
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