Hi-fi retailers Audio T and Sevenoaks Sound and Vision have announced that they intend to pool their resources and merge their businesses as a joint venture.
The respective boards of both companies have agreed to the merger dependent upon the successful outcome of a period of joint marketing and purchasing operation which will initially do business under the SSAV banner. If all goes well, the Audio T brand is expected to be used in future as well.
Seveoaks Loughton Store Seveoaks Loughton Store
The move will result in over 50 retail outlets around the country which the new, bigger firm plans to use a spring board for expansion.
A press statement from the firms said: "We will optimise the considerable advantages that the link is going to give us to improve choice and service to our customers which will, in turn, make our individual stores more successful and the jobs of their staff more secure.
“Both companies lead on knowledgeable staff, customer service, the retail experience and choice. We will be, by far and away, the largest audio visual independent for any customer who wants more than a box.”
Audio-T is also the power behind the Bristol Sound and Vision and Manchester Sound and Vision shows, which Sevenoaks will also be supporting from now on.