Market

Amplifon sells the Italian biomedical business to GN Otometrics

Market

© GB

On February 2nd Amplifon announced the sale of the Amplifon Biomedica brand to GN Otometrics, the diagnostic division of the Danish Group GN ReSound.

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New President at Audioscan

market

Audioscan, a division of Etymonic Design, whose headquarters and manufacturing plant are located in Dorchester, Ontario, has announced that Jim Jonkman will assume the presidency of the company, replacing William Cole.

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New name and owner for Siemens Audiology

market

© Sivantos

Siemens Audiology has re-branded following the completion of its sale to EQT and will now be known as Sivantos.

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Sonova: lower first-half profits

 

market

The world’s largest manufacturer of hearing aids, Sonova, has posted first-half profits that are lower than expected and carried out a lower share buyback.

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EQT VI Acquires Siemens Audiology Solutions

market

© G.B.

EQT VI has entered into an agreement to acquire Siemens Audiology Solutions from Siemens AG together with Santo Holding, the investment vehicle of the German Strüngmann family, as minority co-investor.

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William Demant looking to implants for future growth

market

© Advanced Bionics

William Demant Holding Group, the world’s second-largest hearing aid manufacturer after Switzerland’s Sonova, is increasing investment in cochlear implants (CIs) to boost future growth.

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The end of mercury-containing batteries for fall 2015

regulation

© Widex

The use of mercury as a stabilizer in batteries is programmed to come to an end by October 2, 2015, as the result of an amendment to the EU Battery Directive.

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COSTCO: US giant to arrive in France by 2015

market

© Art Allianz - Fotolia

Costco Wholesale Corporation, the third largest worldwide retailer and fourth largest in the US, is to open in the Paris region in the autumn of 2015 at Villebon-sur-Yvette, in the department of Essonne.

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Drop in US hearing aid sales in August

market

© Zsuzsanna Kilian - Sxc

Year-on-year figures show a drop in US hearing aid sales in August, according to data from the Hearing Industries Association reported by Reuters.

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Siemens: 2 billion Euro potential benefit from hearing aids divestment

market

© G.B.

The German industrial group Siemens is renewing efforts to divest its hearing aids business and could earn up to 2 billion Euros (USD 2.7 billion) from the deal.

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