Garmin Ltd. Acquires JL Audio
August 7, 2023
Garmin Ltd. has entered into a definitive agreement to acquire JL Audio, a U.S.-based designer and manufacturer of premium audio solutions. The acquisition (expected to close by end of 2023) will add JL Audio's audio engineering and product capabilities to Garmin's portfolio to enable premium audio integration across Garmin's marine, automotive, powersports, home and RV product lines.
- Buyers
- Garmin Ltd.
- Targets
- JL Audio
- Industry
- Consumer Products
- Location
- Florida, United States
- Transaction Type
- Buyout
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