JVC, Kenwood Formalize Merger in U.S.
JVC Americas Corp. and Kenwood U.S.A. Corporation, corporate siblings in Japan for the last several years, have formerly merged their U.S. operations, into an entity known as JVCKENWOOD USA Corporation.
The JVC and Kenwood brands, however, will remain distinct in their user markets.
“The merger of our two companies will accelerate innovation across all divisions by the sharing of technologies and expertise, and will provide efficiencies in logistics and back office operations," Kazuhiro Aigami, President, JVCKENWOOD USA Corporation, said as part of the announcement.