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| The company OEHLBACH Kabel GmbH immediately belongs to the internationally acting AUDIOVOX group. This was made public by both enterprises at the edge of notarial recording of the contract on 27 February in Stuttgart. Manfred Oehlbach, which led his company to the European market leader for cables and connections in the Premium segment for 32 years, wants to secure the further stormy growth of the brand OEHLBACH with this step. |
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 "The market for entertainment electronics has unbelievable dynamics. Today not size alone decides on success - rather the ability to be able to adapt to the market by ways of flexibility, speed and innovation strength", Oehlbach says. "The rapid change from analogue to digital technique and the associated ever shorter life cycles require a quantity of research and development - when at the same time as optimal as possible utilization of synergies. In the Audiovox German Holdings GmbH we have found an enterprise, which lets us continue on our way without restriction, on the other hand opens unforeseen new possibilities." The Oehlbach enterprise will therefore unchangeably develop further, existing contractual relations with customers, suppliers and co-workers will continue as usual. Manfred Oehlbach remains to be the managing director and for the results completely responsible. AUDIOVOX was created in 1965 in the USA and first began in the segment CarHifi. Thanks to the large success one already went into the stock exchange market in 1987. Today the enterprise annually converts over 500 million US-$. The AUDIOVOX German Holdings GmbH worldwide sells the speaker brand names Magnat and Heco and the CarHifi brands MacAudio and Audiovox. Mark Finger, managing director of AUDIOVOX Germany: "With the purchase of the OEHLBACH cable GmbH we extend our assortment by high-quality and successful accessories. By synergies with purchase and development OEHLBACH will become still more powerful. Beyond that AUDIOVOX possesses the trademark rights for RCA and Acoustic Research, and I can well imagine a multi-brand strategy for different customer structures for the future. “ About OEHLBACH: For over 32 years Manfred Oehlbach with his company OEHLBACH Kabel GmbH located in Stutensee near Karlsruhe, is the European market leader in the segments of high-quality cables. The compromise less renouncement of cheap products and concentration of 3 to 5 star quality (elevated to High end) as well as a constant dialogue with trade and final consumers provided OEHLBACH the crucial competition advantage again and again. OEHLBACH products are characterised by highest quality and functionality, as well as outstanding independent design. Many products were evaluated through innumerable international tests by experts, technical literature and the trade and were graded very well. With the cableconfigurator (www.cableconfigurator.com) OEHLBACH cable has made an interactive and unique tool available in the internet, which determines optimum connections for the individual need and each claim of quality and the price becomes fair. Each cable, which is technically possible, but at present not contained in the catalogue, can be manufactured in Stutensee and delivered, on customer request within 72 hours. As international provider, OEHLBACH is represented over a constantly growing distributor net in over 30 countries in the specialized trade. Further information you will find under www.oehlbach.de and www.cableconfigurator.com . About AUDIOVOX: The in 1965 created enterprises first began in the segment Car HiFi, due to large success entered the stock exchange market in 1987 and additionally maintained ground with overwhelming success as a pioneer in the cordless and/or mobile communication. AUDIOVOX positioned itself again and again impressing in new as well as in niche markets and today occupies top places within different segments of cordless communication (75% of the conversion with 25% participation of Toshiba) and the entertainment electronics (25% of the conversion). The traditional relationship with trade and manufacturers, for example in the automobile industry guarantees to the US-American home market, because of a varied sales network, also offers enormous sales potential. With the successful acquisition of Recoton, particularly Recoton German Holdings, the European continent is now also opened for AUDIOVOX. The AUDIOVOX German Holdings GmbH will dedicate itself to the further substantial development in the market leadership of all present major business of the well-known market brand names, Magnat, Heco, MacAudio and Audiovox. Divisions with Audiovox: • Alarm remote transmitter • Car HiFi • Mobile telephones • DVD Player • Internet Related Products • Mobile DVD technology • Navigation systems • Mobile and stationary home-stereo and home cinema systems • Pocket PC's • Power inverters • Remote starters & Car Security systems • Radios • Cordless telephones • LCD/Plasma • MP3 Player For further questions and requirements of pictorial material please contact: OEHLBACH Kabel GmbH Manager marketing Ingo Lindner Industriestr. 8 76297 Stutensee Tel 07249-946425 fax 07249-946433 i.lindner@oehlbach.de |
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