# Gentex to acquire VOXX International for $7.50 per share

Gentex Corporation has signed a definitive agreement to acquire VOXX International Corporation in an all-cash transaction for $7.50 per share. The deal is expected to close in the first quarter of 2025, subject to shareholder and regulatory approvals.

- Type: Acquisition
- Announced: 2024-12-18
- Where: United States
- Value: $196.0M
- Status: announced
- Products: digital vision, connected car, dimmable glass, fire protection technologies, iris biometric technology, premium audio systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Gentex](https://endata.com/companies/38705.md) (acquirer)
- [VOXX International Corporation](https://endata.com/companies/81866.md) (target)
- [Voxx](https://endata.com/companies/81902.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2024/12/18/2999087/32299/en/Gentex-Signs-Definitive-Agreement-to-Acquire-VOXX-International.html), 2024-12-18: "Gentex and VOXX International Corporation have entered into a definitive agreement and plan of merger for Gentex to acquire VOXX in an all-cash transaction."
- [autonews.com](https://www.autonews.com/manufacturing/suppliers/an-gentex-acquisition/), 2024-12-19: "Gentex on Dec. 18 announced a definitive agreement to acquire Voxx, an automotive and consumer electronics company that has been experiencing declining sales and exploring a sale."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.