B&C Speakers Formalizes Offer to Acquire Eighteen Sound
B&C Speakers formalized a binding offer for the acquisition of 100% of share capital of Eighteen Sound from Landi Renzo Group. The announcement confirms an operation anticipated by the Landi Renzo Group of focusing on its core automotive business, divesting from non-strategic assets and "return to profitability" in 2018. For B&C Speakers this represents a formidable expansion of its business to new loudspeaker market segments.