Digigram, Audemat Create Holding Co.

Digigram, Audemat Create Holding Co.
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Execs at Digigram and Audemat-Aztec, along with Perfectis Private Equity, have initiated a management buyout to create a private holding company, Audiendis, which will control Digigram, its subsidiary InnovaSon and the recently-formed Audemat-Aztec. Citing the advantages that will stem from "technical, sales and manufacturing synergies among the three companies involved," Digigram says that the inception of Audiendis won't affect the internal organization of any of the companies involved. "Sales and distribution networks will work in the exact manner as before, so our customers and partners won't notice the difference," says Digigram's managing director Phillipe Delacroix
Delacroix and Audemat-Aztec managers Daniel Werbrouck and Bruno Rost negotiated the buyout and will compose half of executive board of Audiendis. Bernand Mosse, Digigram and Audiendis director of finance and administration, Phillipe Royer, Innova SON managing director and Gerard Malvot, Innova SON technical director round out the team. The board of directors will hold around 20% of Audiendis' shares with Perfectis maintaining 60% and the Digigram's co-founders holding the remaining 20%.
Audemat-Aztec formed Jan. 1, 2003 in a merger between Audemat and Digigram subsidiary Aztec Radiomedia.

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