Demant A/S - Company Profile
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Demant A/S (Demant) is a medical equipment company that provides hearing healthcare solutions. It develops, manufactures, and distributes products designed to aid people with hearing loss. The company has an extensive product portfolio, which includes hearing aids and fitting systems, hearing implants, audiometers, tympanometers, wireless sound systems, assistive listening devices, sound field systems, and sound systems for larger premises. Demant markets its products through its retail chain, direct sales force, e-commerce channels, as well as third-party distributors. The company and its subsidiaries have operations in Europe, North America, Oceania, and Asia-Pacific. Demant is headquartered in Smoerum, Denmark.
Demant A/S premium industry data and analytics
Products and Services
Products | Brands |
---|---|
Hearing Aids: | Oticon |
BTE (Behind-the-Ear) Hearing Solutions | Bernafon |
Completely-in-the-Canal (CIC) Instruments | Philips |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2022 | Contracts/Agreements | In August, the company’s Diagnostics R&D and Global IT joined forces to establish a new centre in Kuala Lumpur. |
2022 | Acquisitions/Mergers/Takeovers | In June, the company completed the acquisition of Sheng Wang, the Chinese hearing care retail chain. |
2022 | Acquisitions/Mergers/Takeovers | In June, the company announced the acquisition of the remaining 80% stake in ShengWang. |
Competitor Comparison
Key Parameters | Demant A/S | Sonova Holding AG | Amplifon SpA | GN Hearing AS | Starkey Hearing Technologies Inc |
---|---|---|---|---|---|
Headquarters | Denmark | Switzerland | Italy | Denmark | United States of America |
City | Smoerum | Staefa | Milano | Ballerup | Eden Prairie |
State/Province | - | - | - | - | Minnesota |
No. of Employees | 21,623 | 17,608 | 13,195 | - | - |
Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Niels B. Christiansen | Chairman | Executive Board | 2017 | 58 |
Soren Nielsen | President; Chief Executive Officer | Executive Board | 2017 | 53 |
Rene Schneider | Chief Financial Officer; President - Diagnostics | Senior Management | 2015 | 51 |
Niels Jacobsen | Vice Chairman; Chief Executive Officer - William Demant Invest A/S | Executive Board | 2017 | 66 |
Niels Wagner | President - Hearing Care | Executive Board | 1996 | 53 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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