The American brand Audio Alchemy was founded in the 1980s and folded a decade later. It re-emerged in the early 2000s, and was purchased by Elac in 2016, where it has undergone a renaissance. Audio Alchemy founder Peter Madnick now acts as a consulting engineer for Elac, and is responsible for developing Elac’s Alchemy series of electronic components, now in their second generation.

Launched in early 2019, the new Alchemy series comprises the PPA-2 phono preamp, the DPA-2 class-D power amp , specified to output 225Wpc into 8 ohms at 1% THD, the DDP-2 streaming DAC-preamp.