As part of Demant’s strategy to participate in the consolidation of distribution, the Hearing Care business area continues its acquisition plans at a fast pace. The Ohrwerk Group’s acquisition increases the Audika Group’s footprint in Germany to more than 300 clinics, to at the end of the day, drive the ambition to improve as many lives as possible.

Demant has formalised the acquisition of Ohrwerk Group, a leading provider of high-quality patient care in Germany. This acquisition adds 77 clinics and 270 employees to the business area, expanding the Audika Group’s retail footprint in the German market to 319 clinics. Current and future customers will benefit from an expanded network of clinics countrywide, receiving audiological counseling and support from our hearing care professionals.

“Germany is a significant market for the hearing health industry and presents substantial growth opportunities, particularly in hearing care. But most importantly, only 27% of the people over 70 years old and 14% of the people between 50 and 60 years have had a hearing test1. This is far less than the amount of people living with hearing loss, and we know that getting help from a professional is key for people living with hearing loss to engage in life. By continuously expanding our network, we can help more people to hear better through the personalised and individual care we provide,” says Daniel Diesel, General Manager of Audika in Germany.

Participating in the consolidation of the industry
The acquisition and integration of hearing care clinics worldwide into Demant’s existing network is one of the key growth drivers for the Group. The Hearing Care business area continuously makes similar acquisitions in different regions, executing around 50 transactions every year. By continuously expanding its network it also contributes to raise awareness about hearing loss.

President of Hearing Care Niels Wagner adds: “In 2024, Demant acquired more than 300 clinics in key markets such as Italy, Denmark and Germany, bringing the total number of clinics to over 4,000 worldwide. We signed this key acquisition for the German market in the beginning of 2025 and we plan to expand both organically and through new store openings and strategic acquisitions in key regions throughout the year. At the same time, we are committed to enhancing the learning and development of our hearing care professionals, which will further improve the quality of our personalised service.”

 

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