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JK Capital
Marble meeting room at JK Capital's office, the environment where M&A transactions are conducted

Retail · Sell-Side · 2026

Multi (MLAS3) acquired the exclusive master distribution rights for Sennheiser products in Brazil from CMV Audio.

JK Capital acted as exclusive financial advisor to CMV Audio Group.

Deal sheet

Sector
Retail
Mandate
Sell-Side
Year
2026
Country
Brazil

Multi (MLAS3) acquired the exclusive master distribution rights for Sennheiser products in Brazil from CMV Audio.

JK Capital acted as exclusive financial advisor to CMV Audio Group.

About the deal

About CMV Audio Group

CMV Audio Group has been Sennheiser's national partner in Brazil for more than a decade and, with the operation, becomes the brand's Regional Partner for Latin America, except Mexico.

About Grupo Multi (MLAS3)

Grupo Multi (MLAS3, ex-Multilaser) is a manufacturer of consumer electronics and distributor of brands such as DJI, Targus, Chicco and Toshiba, and seeks to diversify into premium and corporate segments.

Transaction rationale

This operation is part of Sennheiser's regional reorganization: Multi assumes import, logistics, inventory and commercial management of the Audio Professional and Business Communication divisions in Brazil, while Daniel Reis, CMV partner, and part of the team migrate to Multi to ensure technical continuity.

View sector: Retail

Some operations conducted by JK Capital are not disclosed due to buyer and/or seller strategy.