D&M Holdings Finalizes Calrec Buyout
D&M Holdings Inc. has finalized their acquisition of Calrec Audio Limited, a designer and manufacturer of premium audio products and live-to-air consoles for the broadcast market. The buyout of the English concern is part of a larger expansion plan by D&M to move quickly into markets that they feel are not being properly addressed.
“The acquisition of Calrec is an important step in our stated growth strategy to expand into new markets, specifically commercial audio/visual,” said chairman and chief executive officer Eric C. Evans. “With Calrec, we’re adding another premium brand to the D&M family–one that places us firmly in the broadcast market and serves the most prominent customers throughout the world such as the BBC, ITV, NBC, CBS, Fox, MBS and Asahi.”
Calrec’s primary products are digital audio mixing consoles, analog consoles and audio networking equipment for live production and live-to-air broadcast. Key to its equipment is proprietary technology used in products that can process a large number of 5.1 surround sound channels for HD production.
In addition to broadcast, D&M Holdings has targeted expansion in commercial AV markets such as recording, live music performance venues, film production and public spaces.