EQT to sell Pioneer Corporation, a leading Japanese provider of in-car sound and multimedia products and solutions, to CarUX for USD 1.1 billion
· EQT to sell Pioneer, a leading Japanese provider of in-car sound and multimedia products and solutions for global OEMs and the consumer aftermarket, for USD 1.1 billion · Under EQT’s ownership, Pioneer has transformed into a global industrial tech firm with solid financials and strong cash flow, poised to build on its current growth momentum · Pioneer’s new partnership with CarUX, a leading innovator in smart cockpit solutions and a subsidiary of top panel supplier based in Taiwan, Innolux, will create strong synergies with Pioneer’s existing capabilities to continue on its global