Divestments

WS Audiology

The number one global pure play producer of hearing aids and accessories in terms of volumes with more than 170 years of experience and a proven track record as an industry innovator.

WS Audiology was created in February 2019 through the merger of the previous EQT portfolio company Sivantos and Widex, which was owned by the Tøpholm and Westermann family.

  • Sector
    Healthcare
  • Country
    Denmark
  • Responsible Advisor
    Marcus Brennecke, Kasper Grundtvig Knokgaard
  • Fund
    EQT VI
  • Entry
    2019
  • Web
  • Exit
    2021
  • Societal Contribution

  • 3Good health and well-being
  • 5Gender equality
  • 8Decent work and economic growth
  • 12Responsible consumption and production

About WS Audiology
WS Audiology exclusively develops, manufactures and sells leading-edge hearing aids via several brands – Signia, Widex, Rexton, Audio Services and others – as well as multiple sales channels. Its product spectrum covers the full range of hearing aids and accessories across all price categories. Development has always been a top priority as evidenced by many “world’s firsts” in hearing aid history, including the first hearing aid with a rechargeable battery. In addition, WS Audiology has become the leading online retailer of hearing aids through the acquisition of audibene in March 2015 and subsequent global expansion and acceleration of their business model.

The successful merger between two leading hearing aid companies has created a strong player with combined revenues of more than EUR 1.7 billion, over 10,000 employees and one of the strongest R&D teams in the industry. WS Audiology is driven by a passion to improve the quality of life for more than 700 million people with hearing needs globally. Together, the two pioneers have a combined experience of more than 170 years and will redefine the competitive landscape in the more than 125 countries they are present in.

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