Premium Sound Solutions

The story of Premium Sound Solutions, or PSS, begins not as an independent entity, but as a division within a global giant. In 1970, Philips established Philips Speaker Systems in Dendermonde, Belgium, to develop and manufacture loudspeakers for its audio and video products. The division expanded over the years, eventually being renamed Philips Sound Solutions. A pivotal moment came in 2014 when the company, which had been part of D&M Holdings since 2007, became an independent entity through a management buyout supported by Dutch private equity firms Value Enhancement Partners and Ardent Equity Management. This move allowed PSS to focus entirely on its original equipment manufacturer (OEM) activities, serving major automotive and consumer brands. The company's journey of transformation continued with a significant acquisition in 2023. AAC Technologies, a major player in sensory experience solutions, acquired a majority stake in PSS. This transaction, valued at over €500 million, was designed to accelerate AAC's diversification into the automotive market while strengthening PSS's capabilities with new innovations in electronics and software.