Gordon Brothers invests in Telefunken

• Telefunken is based in Frankfurt, Germany
• Gordon Brothers is a global advisory and investment firm
• It is based in Boston, Massachusetts

Gordon Brothers has acquired Telefunken, a global consumer electronics company. No financial details of the transaction were disclosed.

Telefunken is based in Frankfurt, Germany. The company has a diverse portfolio of products ranging from video, e-mobility, domestic appliances and audio.

Gordon Brothers will focus on partnering with Telefunken’s current licensees and expanding the licensee portfolio internationally, according to a release.

The acquisition expands Gordon Brothers’ current portfolio of home and lifestyle brands to include consumer electronics, the release added.

“Telefunken has opportunities for expansion and is well positioned to benefit from global industry growth within the consumer electronics, appliance and e-bikes markets,” said Frank Morton, chief investment officer of Gordon Brothers.

Gordon Brothers is a global advisory and investment firm. It is based in Boston, Massachusetts.