More Denon News !
Denon buys Allen & Heath
From the press release:
Tokyo, Japan, April 2, 2008 -- D&M Holdings Inc. (TSE 1:6735) announced
today the completion of the acquisition of Allen & Heath Holdings Limited of
Penryn, Cornwall, England, a leading designer and manufacturer of audio
mixing consoles for professional sound engineers, live sound installations
and DJs. The acquisition will be accretive to earnings per share in FY2008.
"The acquisition of Allen & Heath is a strong complement to our Calrec and
D&M Pro brands," said Chairman and Chief Executive Officer Eric C. Evans.
"This acquisition broadens our product offerings to our longstanding DJ
customer base and expands our business in the professional market into
installed live sound."
