d&b audiotechnik establishes subsidiary in China
d&b audiotechnik has established a subsidiary in China. d&b audiotechnik and its previous partner in China, d&b China, are realigning their partnership by establishing d&b audiotechnik Greater China, based in Hong Kong. d&b audiotechnik has nine subsidiaries worldwide. d&b audiotechnik Greater China will be the third in Asia, joining Japan and Singapore.
d&b audiotechnik Greater China will also establish offices in Beijing, Guangzhou and Shanghai in the future. A total of 44 co-workers from the previous partner, based in Hong Kong, Beijing, Guangzhou and Shanghai, will join the new cooperation.
The leadership of the new d&b audiotechnik subsidiary will be in in the hands of Daniel Chan, who has had a long association with d&b audiotechnik and the Chinese market. He will assume the position of managing director (CEO) of d&b audiotechnik Greater China.
Freddie To, also from the previous partner, will join the advisory board alongside an external market expert, who will be announced shortly, and Amnon Harman, CEO of the d&b audiotechnik Group. d&b audiotechnik holds the majority interest in the new cooperation. Chan and To will be co-owners.
Chan said: “The Chinese market is strong and I believe this move from d&b comes at just the right time to leverage this positive growth.”
Amnon Harman, CEO of the d&b audiotechnik Group commented: “This move represents a significant deepening of commitment of d&b to China as a globally important growth market. The establishment of this new d&b subsidiary is an exciting move for us. We will be able to serve our Chinese sales partners and customers more directly with the best solutions for their professional audio needs in installation and mobile applications. The co-owners and co-workers who will be joining the d&b global team bring in tremendous expertise around d&b systems, audio technology solutions and the Chinese market. I am thrilled at the prospects of expanding our business in China with this fabulous team”