Overview

• The €700 million transaction marks Demant’s largest acquisition and signals its commitment to expanding in Germany.
• Kind Hörgeräte employs around 3,500 staff and operates roughly 700 specialty stores across Germany and 11 other countries.
• Alexander Kind will step down as chief executive after the deal closes and the founding family will exit operational roles.
• The merger increases Demant’s German footprint from about 300 outlets to more than 900, creating the country’s biggest hearing aid network.
• The deal remains subject to antitrust and other regulatory approvals, with closing anticipated in the second half of 2025.