Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Kenwood Confirms Joint Business Development Program with JVC
Jul 27, 2007
 Printable format
 Email this Article
 Search

Kenwood and JVC have announced plans to start working together in the car and home electronics business in an effort to pool development resources and save costs. Although the merging of both operations under a holding company is presently under discussion, there is no confirmation as of this date.

As part of the alliance, JVC will issue a total of 35 billion yen (US$290 million) worth of new shares to Kenwood and Kenwood's top shareholder, Sparx Group. Kenwood will pay 20 billion yen ($167 million) for a 17% stake in JVC while Sparx will buy 15 billion yen ($125 million) worth of shares, acquiring a 12.8% stake.

Back to Daily News

 

Daily News

...........................................................

Oct 30, 2014: Whirlpool Corp. reports strong third-quarter

Oct 30, 2014: Statistical Portrait of the European Appliance Industry Released by Appliance Magazine

Oct 30, 2014: New Whirlpool acquisition Indesit reports profit for year so far

Oct 30, 2014: Consumer Confidence Index rebounds in October

Oct 29, 2014: New home sales up slightly in September 2014

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows