Overview

• The €700 million agreement represents Demant’s largest acquisition to date.
• Kind Hörgeräte runs about 700 specialty stores in Germany and employs roughly 3,500 people.
• The two companies have collaborated closely for over 20 years, laying the groundwork for the takeover.
• Regulatory clearance is required before the deal can close in the second half of 2025.
• Alexander Kind, who succeeded his father Martin Kind, said the partnership with Demant positions the group for sustained growth.