VOXX International has announced the completion of its acquisition of Hirscmann, first announced in early February. VOXX, based in the US, paid US$112m, plus related transaction fees, expenses and working capital adjustments, for the Germany firm. In 2011, Hirschmann sales rose 16% year-on-year to €143m (US$199m). Based on the company's existing pipeline Subscribe to Automotive World … Continued
VOXX International has announced the completion of its acquisition of Hirscmann, first announced in early February. VOXX, based in the US, paid US$112m, plus related transaction fees, expenses and working capital adjustments, for the Germany firm.
In 2011, Hirschmann sales rose 16% year-on-year to €143m (US$199m). Based on the company's existing pipeline
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Subscribe
Already a member?
https://www.automotiveworld.com/articles/92619-us-germany-voxx-completes-hirschmann-acquisition/
Join our LinkedIn Group
Let us help you understand the future of mobility
