Manufactures household audio and video equipment
Bang & Olufsen A/S engages in the manufacture of household audio and video equipment. The company designs, develops and markets a wide range of luxury audio and video products, including music systems, loudspeakers, television sets and multimedia products. It operates through two segments: Business to Consumer and Business to Business. The Business to Consumer segment involves the business of Audio-Video and B&O PLAY, which consists of audio and visual equipment. The Business to Business segment contains the sales of the Automotive, and ICEpower sectors. The company was founded by Peter Boas Bang and Svend Andreas Gron Olufsen in 1925 and is headquatered in Struer, Denmark.