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Sennheiser to spin out its consumer audio business

Sennheiser to spin out its consumer audio business February 18, 2021 // By Nick Flaherty German audio specialist Sennheiser is looking for a partner for its consumer business to focus on its professional divisions. The company has three professional divisions covering Pro Audio, Business Communications, and the Berlin-based Neumann microphone business. “In all of these areas we see great potential for growth. At the same time, they are characterized by different customer groups, customer requirements, product life cycles and market dynamics,” said Andreas Sennheiser, Co-CEO of Sennheiser.  “To be best able to exploit the potential in each of these markets, we are concentrating our own resources on the three business areas in the Professional division and are looking for a strong partner to invest in our Consumer business, said brother Daniel Sennheiser, the other co-CEO. Both brothers are grandsons of the founder, Prof Fritz Se

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