JVC, Kenwood to Finalize U.S. Merger
JVC Americas Corp. and Kenwood USA Corp. announced Monday that they are formally merging U.S. operations, finalizing the integration process begun two years ago.
“This merger will allow us to operate more efficiently by sharing resources and standardizing processes,” JVC Americas President/CEO Junji Kobayashi said as part of the announcement.
“This merger follows the successful integration of JVC and Kenwood operations throughout the world, and will make both brands more competitive here in the all-important U.S. marketplace,” Kenwood USA Corporation President/CEO Ryo Mizuhara.
The integration will be complete in October.