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© ljupco smokovski dreamstime.com Business | April 08, 2016

Bang & Olufsen sells ICEpower

Bang & Olufsen divests ICEpower in a management buyout supported by private equity firm Industri Udvikling

Bang & Olufsen has signed an agreement to divest 100% of the shares in ICEpower in a management buyout supported by private equity company Industri Udvikling. ICEpower will continue to provide class D audio solutions to manufacturers of professional and consumer audio products, including Bang & Olufsen. The ICEpower management team and Industri Udvikling aims to develop ICEpower further and consolidate its position in the audio engineering market.
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