Who Owns Bang and Olufsen? Who makes Bang and Olufsen? In 1925, while operating out of a Danish farmhouse, Peter Bang and Svend Olufsen revolutionized the radio by introducing The Eliminator, the initial mass-produced radio that could be plugged into the wall without the necessity of a battery. A century later, the entrepreneurial spirit of innovation is still present in everything we do. It is what propels us to alter the manner in which we perceive, perceive, and experience the world. Let us explore more about who is Bang and Olufsen in this article on Digimigia.
Is Bang and Olufsen Owned by Samsung?
Bang & Olufsen Automotive has established itself as an exclusive brand that delivers exceptional sound quality through its distinctive capabilities in acoustics, design, and craftsmanship. Samsung does not hold ownership of Bang and Olufsen. However, Samsung does own Harman International, which acquired Bang and Olufsen’s automated audio business in 2015. This implies that, despite having a connection with B&O speakers through Harman, Samsung does not possess the entirety of the company. Harman will now bring its global marketing, scale, and technologies to the Bang & Olufsen and B&O Play car audio brands.
Is Bang and Olufsen Part of Harman Kardon?
Bang & Olufsen is a distinct entity from Harman Kardon. However, Harman Kardon, which is owned by Harman International, acquired Bang & Olufsen’s automotive audio business in 2015. This implies that while Harmon Kardon Speakers and Bang & Olufsen are separate entities, Harman International has a connection to Bang & Olufsen through this acquisition. Harman has several brands, including AKG, AMX, Arcam, Bang & Olufsen Automotive, Becker, BSS Audio, Crown, dbx, Harman Kardon, Infinity, JBL, Lexicon, Mark Levinson, Martin, Revel, and Soundcraft.
Which Country Owns Bang and Olufsen?
Bang and Olufsen remain based in the Danish countryside; however, they have made significant progress since our humble beginnings. Bang and Olufsen headquarters are home to a world-renowned R&D team conducting cutting-edge research into acoustics and perception. It was founded in Denmark in 1925 by Peter Bang and Svend Olufsen.
Who Bought Bang and Olufsen?
In May 2015, Harman International Industries acquired Bang & Olufsen’s automotive audio business. This acquisition allowed HARMAN to integrate Bang & Olufsen’s high-end audio system into various luxury car brands like Audi, Aston Martin, BMW, and Mercedes-Benz.
Who Owns Bang and Olufsen?
Now, exactly who owns Bang and Olufsen? Peter Bang and Svend Olufsen had a shared vision: to make radios independent. They were supported by family investments and a borrowed attic at the Olufsen family residence, Quistrup in Struer, when they founded the Bang & Olufsen Company on November 17, 1925. Until 1977, when Bang & Olufsen was listed on the Copenhagen Stock Exchange, the families owned all shares. Today, Bang & Olufsen is owned by both institutional and retail investors from all over the globe. All investor and stakeholder information can be found on the Bang & Olufsen’s investor website.