ONKYO, INTEGRA AND PIONEER TO BE DISTRIBUTED THROUGH THE PREMIUM AUDIO COMPANY NETWORK
Premium Audio Company, a subsidiary of VOXX International Corporation has announced that its Onkyo, Integra, and Pioneer brands of audio-video products will soon be available for order through its existing network of distribution and retail partners in Europe, the Middle East, and Africa.
Products will be available in retail outlets this autumn.
PREMIUM AUDIO COMPANY
Established in 2020, Premium Audio Company comprises three subsidiaries and includes some very well-known HiFi brands such as Klipsch, Jamo, Mirage, ProMedia, Magnat, Heco, Mac Audio, Onkyo, Pioneer, Pioneer Elite, Integra, Teac, and Esoteric.
ONKYO, INTEGRA AND PIONEER
In September 2021, Premium Audio Company, through its joint venture with Sharp, acquired the Onkyo and Integra brands, and, through VOXX, it established a licensing and distribution agreement with Pioneer Corporation. The joint venture includes all intellectual property and responsibility for product development, engineering, sales, marketing, and distribution of Onkyo’s home entertainment business. As part of the joint venture, Sharp assumed all manufacturing of these products, which includes a variety of A/V and stereo receivers, amplifiers and HiFi components under the Onkyo, Integra, Pioneer, and Pioneer Elite brands.
Paul Jacobs, President and Chief Executive Officer of Premium Audio Company stated, “Demand for Onkyo, Integra and Pioneer products has been very high, and we expect this to intensify in the coming years. We have been working very closely with Sharp to ramp up production and have grown our business significantly since the acquisition was completed. We have big plans for Onkyo and the other brands, and as we build production and expand distribution, we believe sales will more than double in the near term.”
HiFi Pig Says: A move that will be sure to keep Onkyo fans happy as they join a group of very well-known brands at PAC.
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