Nortek Forming Pro AV Group With Gefen, TV One, Magenta Research
Nortek on Monday announced the formation of a new ProAV Group, which will combine the "product and marketing strengths" of its Gefen, TV One and Magenta Research brands.
Gefen president Hagai Gefen will lead the group, with Magenta's John Dace managing worldwide sales and Gefen's Uri Ram running operations, finance and logistics. TV One president David Barnes will retire.
The move follows Nortek's establishment earlier this year of its Core Brands group, which combined its ATON, BlueBOLT, ELAN, Furman, Niles, Panamax, Proficient, SpeakerCraft, Sunfire and Xantech brands.