Harman International's Strategic Move

Business Business

Posted by NewAdmin on 2025-05-12 08:56:54 |

Share: Facebook | Twitter | Whatsapp | Linkedin Visits: 15

---

Harman International, a subsidiary of Samsung Electronics, is reportedly planning to sell a controlling stake in its Indian operations. The company has approached global private equity and buyout firms for the sale, with the Indian unit valued between $500 million and $600 million. Deutsche Bank has been appointed to assist in this process. 

This move is part of a broader global restructuring strategy by Harman. The company, known for its audio brands like JBL, Harman Kardon, and Infinity, supplies audio products to leading automakers, which constitutes its largest business segment. In March 2017, Samsung acquired Harman, and the current divestment aligns with Samsung's strategic focus on its core operations.

Harman's Indian unit has been a significant player in the audio and infotainment sector, contributing to both consumer electronics and automotive solutions. The potential sale could attract interest from various private equity firms looking to invest in India's growing automotive and consumer electronics markets.

While Harman has not officially commented on the sale, a spokesperson mentioned that the company is continually exploring opportunities to strengthen its business and deliver value to customers and stakeholders. 

This development follows Harman's recent acquisition of Masimo's consumer audio business for $350 million, indicating a strategic realignment of its global operations. 

The sale of the Indian unit is expected to be a significant move in Harman's restructuring efforts, potentially impacting the company's presence in the Indian market and its overall global strategy.

Go!