Electronics Production |
Bang & Olufsen up for sale?
Denmark based magazine Berlingske Tidende has reported that Denmark based company Bang & Olufsen is up for sale.
According to Berlingske Tidende a private equity firm is interested to place a bid to acquire Bang & Olufsen. The company CEO Torben Ballegaard Sörensen has left the company in January this year. Bang & Olufssen have said that the sale during Christmas was a disappointment for the company.
According to a statement from Bang & Olufsen the company is not for sale.
