お知らせ • Mar 16
Amplifon S.p.A. (BIT:AMP) entered into a definitive agreement to acquire GN Hearing A/S from GN Store Nord A/S (CPSE:GN) for DKK 17 billion. Amplifon S.p.A. (BIT:AMP) entered into a definitive agreement to acquire GN Hearing A/S from GN Store Nord A/S (CPSE:GN) for DKK 17 billion on March 16, 2026. As part of consideration, Amplifon S.p.A. will pay DKK 12.6 billion (€1.69 billion) in cash and will issue 56 million common shares of Amplifon S.p.A. Following the issue of such shares, GN Store Nord A/S will become the second largest shareholder with 16% stake in Amplifon S.p.A. Upon completion, GN Store Nord A/S remains committed to serving the customers of the Hearing business and will continue delivering high-quality, innovative products. The cash component of transaction will be financed through a committed bridge loan, with a mix of debt and equity and/or equity-linked instruments. At closing and pro-forma for the Transaction, Amplifon will have a c.3.0x pro-forma net debt / adjusted EBITDA (excluding net synergies), accounting for up to DKK 5.6 billion (€750 million) equity raise (<2.9x including run-rate net synergies).
For the period ending December 31, 2025, GN Hearing A/S reported total revenue of DKK 7.2 billion (€1 billion), EBIT of DKK 1.2 billion (€160 million) and EBITDA of DKK 1.6 billion (€220 million).
The transaction is subject to customary regulatory approvals, subject to antitrust regulations and completion of the Hearing business separation from GN Store Nord A/S. The deal has been unanimously approved by the board of directors of Amplifon S.p.A. and GN Store Nord A/S. The transaction is expected to close by the end of 2026. The proceeds from the sale will be utilized to significantly reduce debt, invest in the ongoing business to support sustainable and profitable growth as well as returning capital to shareholders. The transaction is accretive to Amplifon’s growth, profitability and earnings.
Goldman Sachs Bank Europe SE, Italian Branch acted as sole financial advisor to Amplifon S.p.A. PedersoliGattai acted as legal advisor to Amplifon S.p.A. Ernst & Young Italia acted as due diligence provider to Amplifon S.p.A. White & Case LLP acted as legal advisor to Amplifon S.p.A. J.P. Morgan Securities plc acted as fairness opinion provider to the Board of Directors of GN Store Nord A/S. J.P. Morgan Securities plc acted as exclusive financial advisor to GN Store Nord A/S. Nordea Danmark, Filial af Nordea bank AB (Publ) FINLAND acted as financial advisor and fairness opinion provider to the Board of Directors of GN Store Nord A/S. Gorrissen Federspiel Advokatpartnerselskab acted as legal advisor to GN Store Nord A/S. Gianni & Origoni Law Firm acted as legal advisor to GN Store Nord A/S. Pricewaterhousecoopers Statsautoriseret Revisionsaktieselskab acted as due diligence provider to GN Store Nord A/S. お知らせ • Mar 11
GN Store Nord A/S Announces Board Changes GN Store Nord A/S announced that in addition to the members elected by the general meeting, the following three persons have been elected as members of the Board of Directors by the employees: Jens Kirkelund, Lasse Emil Holmegaard Korff and Anders Roikjær replacing Leo Larsen, Claus Holmbeck-Madsen and Cathrin Inge Hansen. お知らせ • Feb 06
GN Store Nord A/S, Annual General Meeting, Mar 11, 2026 GN Store Nord A/S, Annual General Meeting, Mar 11, 2026. お知らせ • Aug 21
GN Store Nord A/S Provides Earnings Guidance for Year 2025 GN Store Nord A/S provides earnings guidance for year 2025. For the period, the company expects Organic revenue growth excl. wind-down of -2% to +2% as compared to -3% to +3% in the previous guidance. お知らせ • Aug 12
GN Introduces ReSound Enzo IA: Exceptional Speech Understanding and All-Day Battery Life - in the Smallest Rechargeable Super Power Hearing Aid GN announced the launch of ReSound Enzo IA, the world's smallest rechargeable Super Power hearing aid, representing a huge leap forward in sound quality for people with severe to profound hearing loss. Understanding speech, especially in noisy environments, is the biggest challenge for Super Power users. ReSound Enzo IA, benefitting from GN's Organic Hearing philosophy, overcomes this challenge without compromising size or battery life. ReSound Enzo IA allows users with severe to profound hearing loss to access the latest technologies available, including advanced noise management and the world's best feedback management system. ReSound Enzo IA utilizes a specialized 360 chip that processes environmental sounds in real time, using machine-learning artificial intelligence for the best all-round listening experience.3 This approach, which GN calls Intelligence Augmented™? (IA), analyzes surrounding sounds and adjusts settings accordingly, easing cognitive load. In noisy environments, Clear Focus, the industry's most narrow beamformer,4 spotlights speech in front and eliminates distractions, resulting in a 93% preference for hearing in noise for Super Power users, and a significant 2.7 dB Signal-to-Noise Ratio improvement over legacy devices. The device offers all-day battery life in the smallest rechargeable Super power hearing aid. A single charge provides 28 hours of use, or 20 hours when streaming media half the time. ReSound Enzo IA supports Bluetooth Low Energy Audio and Auracast technology, allowing users to access audio broadcasts in public venues using the ReSound Smart 3D app. The hearing aid is also compatible with the Multi-Mic+ for improved listening in public spaces through Telecoil, and the TV-stream+. ReSound Enzo IA and its Beltone equivalent, Beltone BoostTM Max S, will launch initially in the US and Germany on August 21, with more markets to follow. Visit the ReSound and Beltone websites. 
