02Jul / 2018
Aqipa GmbH and Onkyo & Pioneer Corporation sign agreement concerning the transfer of business activities in EuropeLäs mer
Aqipa acquires all assets of Pioneer & Onkyo Europe* and takes over distribution in Europe
Osaka (Japan) and Kundl (Austria), July 2, 2018
Onkyo & Pioneer Corporation and Aqipa GmbH, a value-added distributor within the consumer electronics channel, has agreed an asset deal concerning the transfer of business activities – relating to the hifi and home cinema brands Pioneer, Onkyo, Integra, Teac and Esoteric – to Aqipa. The asset deal is worth roughly € 140 million in revenue and applicable for all European markets.