Company type | Private company |
---|---|
Industry | Hearing instruments |
Founded | 2019 |
Headquarters | Lynge, Denmark; Singapore[1] |
Key people | Jan Makela, CEO (since July 2024) |
Revenue | €2.47 billion (fiscal year 2022-23)[2] |
Number of employees | ~12,000 |
Website | www |
WS Audiology (formerly Sivantos Group and Widex) is a privately-owned manufacturer of hearing aids with headquarters in Denmark and Singapore with roots going back to 1878 and Siemens AG.[1] The current company was created following the 2019 merger of Sivantos Group and Widex.[3] Prior to that, Sivantos was spun off from Siemens after Siemens AG sold the company to EQT and Santo Holding in 2015.[4][5] WS Audiology employs about 12,000 people in more than 125 countries. In fiscal year 2022-2023, the company generated revenue of €2.47 billion and adjusted EBITDA of €480 million.[2]
The company develops, manufactures, sells and distributes hearing aids under the following brands: A&M, audibene, Audio Service, Bloom, Coselgi, hear.com, HearUSA, Lifestyle Hearing Network, Rexton, Signia, Shoebox, TruHearing, Widex and Widex Hearing Specialists.[6]