D+M Group
{{short description|Japanese audio corporation}}
{{one source|date=October 2017}}
D+M Group, formerly known as DMGlobal and D&M Holdings, is a Japanese corporation that owned several audio and video brands. It was formed in 2002 from the merger of Denon and Marantz.[http://www.dm-holdings.com/eng/about/history/ D&M Corporate History]{{Cite web|url=https://appleinsider.com/articles/18/08/09/denon-and-marantz-roll-out-airplay-2-support-for-select-av-receivers|title=Denon and Marantz roll out AirPlay 2 support for select AV receivers|website=AppleInsider|language=en-US|access-date=2018-09-19}} It had acquired several other companies since that time. Prior to 2008, it was owned by RHJ International, which is associated with Ripplewood Holdings. In 2008, it was acquired by K. K. BCJ-2, a Tokyo corporation owned by investment funds advised by Bain Capital.[http://www.dm-holdings.com/eng/newsrelease/20080908_605.html D&M press release] In August, 2010, Jim Caudill, a former Stanley Black & Decker executive, was named CEO.[http://www.dm-holdings.com/eng/newsrelease/20100816_1519.html D&M press release]
In April 2014, D+M Group sold Denon Professional, Marantz Professional, and Denon DJ to inMusic Brands.{{cite web |last1=Robinson |first1=Dave |title=inMusic targets installation after D&M Professional deal |url=https://www.psneurope.com/business/inmusic-targets-installation-dm-professional-deal |website=Pro Sound News Europe |publisher=Future plc |access-date=9 January 2019}} In February 2017, D+M Group was acquired by American company Sound United LLC.{{cite web |url=http://www.soundunited.com/sound-united-announces-acquisition-of-dm-group/ |title=Sound United Announces Acquisition of D+M Group |author=Aaron Levine |date=March 1, 2017 |publisher=Sound United}}{{Cite news|url=https://www.digitaltrends.com/home-theater/sound-united-acquries-d-m-group-denon-marantz/|title=Acquisition sees Denon, Marantz, joining Polk Audio parent company Sound United|date=2017-03-01|work=Digital Trends|access-date=2018-09-19|language=en-US}}{{Cite news|url=https://techcrunch.com/2017/03/01/sound-united/|title=Audio alliance forged as Sound United and Polk acquire Denon and Marantz|work=TechCrunch|access-date=2018-09-19|language=en-US}}
Holdings and brands
References
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External links
- [http://www.dmglobal.com Official website]
{{Japanese Electronics Industry}}
{{Bain Capital}}
{{DEFAULTSORT:DandM Holdings}}
Category:Electronics companies of Japan
Category:Holding companies of Japan
Category:Electronics companies established in 2002
Category:Holding companies established in 2002
Category:Japanese companies established in 2002
Category:Bain Capital companies
Category:2017 mergers and acquisitions
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