Amplifon to Acquire GN Store Nord’s Hearing Business

March 19, 2026

Amplifon entered into a definitive agreement to acquire the hearing business of GN Store Nord A/S in a deal valued at DKK 17.0 billion (about $2.6 billion) on a cash-free and debt-free basis. The transaction is expected to create a vertically integrated global leader in audiology by combining Amplifon’s retail network with GN’s hearing technology and manufacturing capabilities, with expected closing by the end of 2026 subject to regulatory approvals and a required carve-out demerger.

Buyers
Amplifon
Targets
GN Store Nord A/S - Hearing business (ReSound and Beltone brands)
Sellers
GN Store Nord A/S
Location
Denmark
Transaction Type
Buyout

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