- CEO
- Søren Nielsen
- Full Time Employees
- 26,704
- Sector
- Healthcare
- Industry
- Medical - Devices
- Address
- Kongebakken 9 Smørum ZE Denmark 2765
- IPO Date
- Aug 13, 2012
- Business
- Demant A/S (Ticker: WILLF) is a global hearing healthcare and audio technology company that develops, manufactures, sells and distributes hearing aids, diagnostic equipment, hearing care services and related solutions to help people with hearing loss connect and communicate. The company operates through three primary business areas: Hearing Aids, including premium brands such as Oticon, Bernafon, Sonic and Philips Hearing Solutions; Hearing Care, comprising a retail network of approximately 3,500 clinics worldwide under brands like Audika, HearingLife, Hidden Hearing and others, providing personalized hearing care services; and Diagnostics, offering audiometric and balance assessment equipment through brands including Interacoustics, Maico Diagnostics, Grason-Stadler, Amplivox, MedRx and AudioScan. Demant conducts operations in more than 30 countries across Europe, North America, Asia-Pacific and other regions, serving customers in over 130 countries with more than 22,000 employees and annual revenue exceeding DKK 22 billion. Founded in 1904 and headquartered in Smørum, Denmark, the company was rebranded from William Demant Holding A/S to Demant A/S in 2019.
Recent strategic developments include the completion of the acquisition of Germany's KIND Group in December 2025 for approximately EUR 700 million, adding around 650 hearing care clinics and strengthening Demant's position in the key German market; the divestiture of Oticon Medical's hearing implants business to Impilo for up to DKK 600 million, announced in late 2025, concluding its exit from that segment; and a EUR 100 million loan from the Nordic Investment Bank in December 2024 to fund R&D investments in hearing healthcare products and technologies through 2025. Earlier expansions encompassed the 2022 acquisition of Chinese retailer ShengWang with 500 clinics and the 2024 announcement to explore a sale of its EPOS communications division focused on premium audio headsets for enterprise and gaming. These moves align with Demant's focus on scaling its core hearing care and aids businesses amid demographic-driven market growth.