ESOTERIC Company (TOKYO, head office: Tama, Tokyo), a subsidiary of TEAC Corporation (TOKYO:6803)(head office: Tama, Tokyo, President & CEO: Yuji Hanabusa), is pleased to announce that it will change its authorized distributor in the United States from Onkyo U.S.A. Corporation to 11 Trading Company, LLC (Headquarters: Indianapolis, Indiana, U.S.A.), a subsidiary of VOXX International Corporation (Headquarters: Orlando, Florida, U.S.A.), from April 15, 2021.
VOXX International owns the US number one speaker brand Klipsch and other premium audio brands, which has driven significant sales growth by utilizing their strong sales network.
With 11 Trading Company as the new distribution partner in the United States, ESOTERIC will strengthen its brand recognition and increase sales in the region.
About 11 Trading Company
Established in 2020, 11 Trading Company offers a curated assortment of advanced technology entertainment solutions that deliver uncompromising home entertainment experiences. 11 Trading Company’s product portfolio included some of the most revered brands in the consumer electronics industry, such as Onkyo, Integra, Pioneer, Pioneer Elite, Magnat, and Heco. 11 Trading Company is a subsidiary of Premium Audio Company, LLC is a wholly-owned subsidiary of VOXX International Corporation (NASDAQ: VOXX).
VOXX International Corporation