Klipsch Acquires Jamo
The international reach of Klipsch Audio Technologies is about to get bigger. The audio company announced that it has acquired Jamo A/S, a Danish speaker manufacturer that has global distribution, with significant presence in Europe and China, including 135 Jamo-branded retail locations in the Asian superpower.
According to a statement by the company, the brand name and key assets of Jamo are now a wholly owned subsidiary of Klipsch Audio, Inc. Jamo will remain a separate company under Klipsch and will keep its headquarters in Glyngøre, Denmark, distribution channels, sales force, design and product development facilities and the Chinese retail stores. Its U.S. office in Chicago, Ill will continue to be headed up by Helge Fischer, and Paul Jacobs, president of Klipsch Audio Technologies, is now also president of Jamo International Aps.
However, according to company spokesperson, Joshua Ryan Hall, the manufacturing facilities Jamo has in Europe will not be retained and that, additionally, Jamo's 2F Initiative will be halted. Hall says that, under Klipsch, Jamo will return to its core focus — Danish speaker design.