Overview

• Beyerdynamic and Cosonic signed the sale contract on June 5 with the final purchase price subject to adjustment based on agreed variables.
• Cosonic plans to leverage Beyerdynamic’s global distribution network to bolster its own audio brand and expand in Europe and North America.
• Shareholders opted for the sale after determining that future investments in product development and production were not financially viable under the current structure.
• Cosonic has pledged to keep Beyerdynamic operationally independent, honor all existing employee contracts and retain the Heilbronn production facility.
• Heilbronn staff and the works council have expressed surprise over the sale and are demanding written commitments for the site and greater inclusion in decision-making.