Denon buys Marantz?

Discussion in 'Archived Threads 2001-2004' started by GarryW, Aug 12, 2002.

  1. GarryW

    GarryW Stunt Coordinator

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    I was at a Paradigm dealer called University Audio in Madison, WI last week and he mentioned that Denon has purchased Marantz.

    Anybody else hear anything about this?
     
  2. Craig Morris

    Craig Morris Stunt Coordinator

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    Happened months ago.

    TOKYO, May 14, 2002 /PRNewswire via COMTEX/ -- D&M Holdings Inc. (TSE II: 6735) a joint holding company formed to merge the operations of Marantz Japan Inc. ("Marantz") and DENON, Ltd. ("DENON"), today announced the completion of the merger. The combination of two industry leaders creates a global leader in the premium home theater, audio-video consumer electronics and professional audio markets, while maintaining the established Marantz and DENON brands. DENON and Marantz combined experience in these market segments exceeds 130 years.
     
  3. GarryW

    GarryW Stunt Coordinator

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    Thanks, now it looks familiar! I mentioned to the dealer that I had Marantz equipment and that's how the subject came up.[​IMG]
     
  4. Pablo Abularach

    Pablo Abularach Supporting Actor

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    I thought that Philips own more than half of Maratnz shares. But I also heard the rumor that DENON bought marantz also, and the will keep both brands separated.
     

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