COPENHAGEN, DENMARK — Demant announced that it has obtained all required regulatory approvals for its acquisition of KIND Group, clearing a key milestone toward finalizing the company’s largest retail acquisition to date. The agreement, first announced in June 2025, has now been approved by both the Austrian and German competition authorities.
KIND is one of the world’s major hearing aid retailers, operating approximately 650 hearing care clinics and employing around 3,000 people across Germany, Switzerland, Austria, Luxembourg, and Singapore. The company holds a strong position in the German hearing care market, which remains one of the largest globally.
With regulatory conditions satisfied, Demant reports that the remaining customary closing steps are underway. The transaction is expected to close at the beginning of December 2025, at which time the company will outline the financial effects of bringing KIND into the Demant Group.
Image credit: Demant Investor Presentation
Once completed, the acquisition will expand Demant’s global retail network to approximately 4,500 clinics worldwide. The company has previously noted that KIND’s reputation for professional hearing care and long-standing family-owned operating model aligns with Demant’s strategic focus on high-quality, customer-centered services.
About KIND Group
Founded in 1952, KIND is a family-owned provider of hearing care services and hearing aid technology. The company operates roughly 650 clinics and has expanded into eye care since 2016. KIND is headquartered in Großburgwedel near Hanover, Germany.
About Demant
Demant is a world-leading hearing healthcare group offering technologies, solutions, and services within hearing aids, hearing care, and diagnostic equipment. Headquartered in Denmark, the Group employs more than 22,000 people globally and operates in more than 130 countries. Demant A/S is majority-owned by the William Demant Foundation and is listed on Nasdaq Copenhagen.
Source: Demant
