ws audiology widex sivantos

Sivantos and Widex Merger Complete: New Company to Operate as WS Audiology

SINGAPORE AND LYNGE, DENMARK — EQT funds, owners of Sivantos Pte. Ltd. (“Sivantos”), and the Tøpholm and Westermann families, owners of Widex A/S (“Widex”), have announced the successful completion of the merger between Sivantos and Widex. The newly created company will operate under the name WS Audiology and be headquartered in Lynge, Denmark and Singapore.…

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widex sivantos merger approved

Widex and Sivantos Merger Receives Final Clearance from European Commission

SINGAPORE AND LYNGE, DENMARK — It was announced today that the European Commission has approved, under the EU Merger Regulation, the proposed merger between Sivantos Pte. Ltd. (“Sivantos”), owned by EQT funds, and Widex A/S (“Widex”), owned by T&W Medical A/S. According to the announcement, the Commission concluded the merger would raise no competition concerns.…

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sivantos widex hearing aid merger

Widex-Sivantos Merger Delayed: Companies Withdraw EU Application

COPENHAGEN, DENMARK — According to a Reuters report on November 6, and also reported in other media outlets, the “Big 6” hearing aid makers Widex and Sivantos have withdrawn their application for the European Commission to approve their planned $8.2 billion merger. Despite withdrawing their application, the companies state that they are committed to completing…

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signia styletto starkey livio

Signia and Starkey Launch Innovative New Products

On August 27, Starkey, a Minnesota-based hearing aid manufacturer, announced the launch of Livio AI. It is a receiver-in-the-canal (RIC) hearing aid that uses artificial intelligence to translate 27 foreign languages in real time. The new product, which Starkey is calling a wearable, also tracks both your physical and mental health. Livio AI is touted…

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sivantos widex hearing aid merger

Big Six to Become the Big Five? Sivantos and Widex Announce Merger

In a deal, estimated to be $8.2 billion, Germany’s Sivantos and Denmark’s Widex announced a merger. The newly merged company is expected to be the third largest hearing aid manufacturer in the world, after Sonova and William Demant. Early reports suggest that Swedish private equity firm EQT will own a majority of the merged group…

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sivantos truhearing hearing aid provider

Sivantos USA Acquires TruHearing

In what is categorized as a partnership, a press release issued by Sivantos USA, announced it plans to acquire TruHearing, a third-party hearing aid contractor. The press release was issued on April 5. The transaction is subject to standard regulatory approvals and financial details will remain confidential. According to the press release “Sivantos’ partnership with…

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Following Phonak Announcement, Signia Launches Own Lithium-Ion Rechargeable

PISCATAWAY, NEW JERSEY —  Signia announced last week that their new product, Cellion primax, will use lithium-ion rechargeable technology. According to a recent Signia press release the key feature of the Cellion primax technology is up to two days of regular use with nearly unlimited streaming capabilities on a single charge. The recharging capability will…

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audionova for sale

European Retail Chain Hoping to Fetch €500 Million

ROTTERDAM — AudioNova, one of the largest hearing aid retailers in Europe, is on the auction block, according to recent reports. AudioNova, owned by the investment company HAL Trust, has more than 1300 hearing aid retail stores across 12 countries in Europe, including Germany and France. Amplifon, William Demant, Sonova and Sivantos are reported to be…

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siemens signia hearing aids

Sivantos Unveils New Hearing Aid Brand: Signia

PISCATAWAY, NEW JERSEY — One year after the transfer of Siemens hearing aids to the Sivantos group, it was announced late last week that the group would be introducing a new brand to the marketplace. During their recent Aspire customer loyalty meeting, which brought more than 300 hearing care providers to Nashville for a three…

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