"The acquisition of Allen & Heath is a strong complement to our Calrec and D&M Pro brands," said chairman and chief executive officer Eric C. Evans. "This acquisition broadens our product offerings to our longstanding DJ customer base and expands our business in the professional market into installed live sound."
Founded in 1969, Cornwall-based Allen & Heath will continue to be led by Glenn Rogers and its current management team. The company will continue to expand its digital portfolio to meet the growing demand for digital mixers.
"We're adding another dimension to our position in the professional audio marketplace with this acquisition," said Evans. "Allen & Heath is a strong brand in the professional live sound performance market and well suited to benefit from the D&M business platform. Like our other premium brands, Allen & Heath can continue to focus on innovation while D&M provides expanded global market reach and other support. We also see useful tie-ins with Calrec, our live-to-air broadcast console brand, and Denon DJ."
(Jim Evans)