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…

Read More
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…

Read More
cvs hearing aid

Update: CVS, Second Largest US Pharmacy Chain, to Open Hearing Centers

WOONSOCKET, RHODE ISLAND — In an October 5th press release CVS announced it will be opening Hearing Centers at seven CVS/pharmacy locations in the Dallas and Cleveland areas. According to another statement, the CVS Hearing Centers will be open Tuesdays to Saturdays and be staffed by licensed audiologists and hearing instrument specialists. In addition the…

Read More

Medtronic and Sivantos both announce acquisitions of hearing care companies

  ERLANGEN, GERMANY/DUBLIN–Last week was a busy one in the hearing industry’s merger and acquisition front. On March 26, the Sivantos Group (formerly Siemens Audiology Solutions) announced that it would take over all shares in audibene, as part of a strategic partnership and investment agreement with Europe’s largest Internet portal for hearing care case management.The…

Read More

Scott Davis of Sivantos is new HIA chairman

      WASHINGTON, DC—The announcement of the first Unison Hearing Health Global Summit was the biggest story to emerge from the 2015 annual meeting of the Hearing Industries Association (HIA) on March 6, but not the only news. The national trade association of manufacturers of hearing aids and related products elected Scott Davis as…

Read More

Sale of Siemens Hearing is a done deal; company is rebranded as Sivantos

ERLANGEN, GERMANY–The sale of Siemens Audiology Solutions to private investors, agreed to on November 6, passed through regulatory scrutiny without a hitch and was finalized on January 15. The purchasers, EQT and the Strüngmann family, paid €2.15 billion (approximately $2.5 billion at the time of closing) to Siemens AG for its hearing aid division, making…

Read More