Lenbrook Announces Acquisition of High-End A/V Manufacturer Sonic Frontiers Inc.
The Lenbrook Group of Pickering, Ontario, Canada announced March 25 that it will acquire <A HREF="http://www.sonicfrontiers.com/">Sonic Frontiers</A> of Oakville, Ontario, Canada. This acquisition, effective May 1, 1998, is an extension of Lenbrook's commitment to enhance its position in the international specialty A/V segment of the consumer electronics industry. A new company, Sonic Frontiers International (SFI), will be formed to leverage Lenbrook's strengths with Sonic Frontiers' market position in the high-end segment of the audio business.