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. お知らせ • Nov 07
GN Store Nord A/S Updates Earnings Guidance for the Year 2024 GN Store Nord A/S updated earnings guidance for the year 2024. For the year, the company now expects organic revenue growth to be in the range of 1% to 2% compared to prior range of 2% to 6%. お知らせ • Aug 08
GN Further Extends the ReSound Nexia Family and Releases Updated Fitting Software Designed for Enhanced Efficiency and Usability GN Store Nord A/S announced the expansion of the ReSound Nexia family, giving more options for people with hearing loss to benefit from advanced hearing technology, while joining the "next era" of Bluetooth connectivity. In addition to the new models, GN is launching its updated hearing aid fitting software, ReSound Smart Fit 2.0, for a more intuitive and efficient experience for both hearing care professionals and hearing aid users. Following its release in October 2023, ReSound Nexia quickly established itself as one of ReSound's most successful hearing aid families ever. Users have reported an 11% higher satisfaction1 and 14% improvement to acceptance rate compared with GN legacy products. Complementing the existing ReSound Nexia portfolio, GN is launching its smallest In-the-Canal (ITC) hearing aid in a wireless non-rechargeable design and a new wireless rechargeable CROS Behind-the-Ear (BTE) solution, to support different hearing needs and preferences; another solution in treating single-sided deafness in addition to the already successful wireless CROS RIE launched in 2023. The new Auracast enabled styles give even more people with hearing loss access to GN's most advanced technology, better equipping them for the new standard of Bluetooth connectivity. In addition, GN is now offering the first remote microphone with Auracast. As well as supporting Telecoil, FM systems, and DAI/direct audio input, the new Multi-Mic+ is designed to support users in challenging listening environments, including distances and noisy acoustics. The technology in the new Multi-Mic+ boosts signal-to-noise ratio (SNR) by at least 10.6 dB compared to adaptive directionality for better hearing in noisy environments. Hearing care professionals consistently rank fitting software as the most critical tool for achieving hearing aid user satisfaction. In fact, up to 55% of a hearing aid fitting consultation is spent in the software which can be complex to navigate, slow to load and requiring many clicks. The new ReSound Smart Fit 2.0 delivers a 33-second improvement in clickthrough speed and a 62% click reduction when selecting preferences and settings. The faster workflows and significantly improved home screen allow for a smoother, smarter and more personalized fitting experience. The ReSound Smart Fit 2.0 fitting software and new ReSound Nexia styles, along with the equivalent Beltone Solus Max software™ and Beltone Serene™ models, will be available in US and Germany from August 2204. お知らせ • Jun 13
Gn Store Nord A/S to Gradually Wind-Down Its Elite and Talk Product Lines GN Store Nord A/S has decided to gradually wind-down its Elite and Talk product lines to further increase focus and resources on more attractive parts of GN’s business. As communicated at the Capital Market Day in May 2024, GN is striving to build leading businesses in attractive markets and by this grow with healthy margins and ensure good returns on the invested capital. The re-focusing of the Elite product line towards the premium segment, which was initiated in 2023, has resulted in a stronger profitability level than before. However, the investment required for future innovation and growth in this very competitive space is deemed unjustified in the long-term given associated risks. The Talk product line follows a similar logic and is positioned in the declining mono Bluetooth market. Consequently, following a thorough business review the decision has been taken to gradually wind-down both the Elite and Talk product lines. GN will reduce the inventory of the affected products, of which most is expected to be completed by the end of 2024. GN will, however, continue to service and support customers for several years. This commitment to retail customers is underlined by the global announcement of two next-generation editions of the popular Elite 8 Active and Elite 10 premium earbuds. The Elite 8 Active Gen 2 and Elite 10 Gen 2, which will be the last two product introductions in this product line, will be announced and available from later this month. お知らせ • May 03
GN Brings Flagship Product Family Resound Nexia to VA Audiology Clinics Expanding Hearing Aid Options for U.S. Veterans GN announced that the ReSound Nexia hearing aid portfolio is now available to U.S. veterans through audiologists and technicians of the Department of Veterans Affairs at more than 400 VA audiology clinics and sites of care nationwide. First launched in the U.S. in September 2023, ReSound Nexia quickly established itself as one of ReSound's most successful hearing aids, building on a top-rated speech-understanding-in-noise performance while also introducing ReSound's smallest rechargeable RIE (receiver-in-ear) style and the first hearing aids made for Bluetooth Low Energy (LE) Audio and Auracast broadcast audio. ReSound Nexia also includes a new wireless CROS/BiCROS solution developed for people with single-sided deafness who need to transmit sound to their better hearing ear. The ReSound Nexia CROS transmitter is the smallest rechargeable aid on the market, and can be used with any of the ReSound Nexia hearing aids that use a disposable battery. ReSound Nexia is leading the way as the first hearing aid to take advantage of Bluetooth Low Energy (LE) audio, the next generation of Bluetooth LE. It is an improved and more power-efficient way of wirelessly transmitting audio from one device (like a smartphone) to another (ear buds, headsets, hearing aids). Bluetooth LE Audio is built with audio in mind, offering crystal clear sound and reducing latency and battery consumption for all-day streaming. This powerful new platform also makes the highly anticipated Auracast broadcast audio a possibility - a technology that promises to revolutionize accessibility to any audio broadcast in public spaces such as schools, places of worship, airports, museums and sports bars. With Auracast broadcast audio, ReSound Nexia wearers will be able to hear important announcements through their hearing aids with a quick connection to a public transmitter. Bluetooth SIG expects more than 3 billion Auracast devices in 2.5 million places by 30,5 offering a simple, effective alternative to existing technologies such as telecoil and FM systems. The Government Services ReSound Nexia portfolio includes Receiver-In-Ear (RIE) and Micro RIE styles, Behind-the-Ear (BTE) and custom-made styles, including rechargeable models, as well as the CROS/BiCROS solutions, giving more people with hearing loss access to ReSound's most advanced hearing aid technology. お知らせ • Mar 13
GN Store Nord A/S Announces Board and Committee Appointments GN Store Nord A/S at its Annual General Meeting held on March 13, 2024, approved the appointment of Kim Vejlby Hansen and Jørgen Bundgaard Hansen as new members of the Board of Directors. Jukka Pekka Pertola was also elected as Chair of the Technology and Innovation Committee. Hélène Barnekow was elected as Chair of the Nomination Committee and of the Remuneration Committee. お知らせ • Feb 08
GN Store Nord A/S Provides Financial Guidance for the Year 2024 GN Store Nord A/S provided financial guidance for the year 2024. For the year, the company expects organic revenue growth in the range of 2% to 8%. お知らせ • Dec 29
GN Store Nord A/S Announces Change to the Board of Directors Board member Ronica Wang has decided to step down from the Board of Directors of GN Store Nord A/S. Consequently, GN’s Board of Directors consists of Jukka Pekka Pertola (Chair), Klaus Holse (Deputy chair), Anette Weber, Hélène Barnekow, and members elected by the employees: Leo Larsen, Cathrin Inge Hansen, and Claus Holmbeck-Madsen. お知らせ • Nov 17
GN Store Nord A/S to Report Q3, 2024 Results on Nov 07, 2024 GN Store Nord A/S announced that they will report Q3, 2024 results on Nov 07, 2024 お知らせ • Sep 05
GN Store Nord A/S Announces Chief Executive Changes GN Store Nord A/S appointed Peter Karlstromer as the Group CEO. In the coming months Peter will form the new executive leadership team and design the new organizational structure of GN. Gitte Aabo will step down from her executive roles as CEO of GN Store Nord and GN Hearing as she wishes to devote herself to a full-time board career. Going forward, Peter Karlstromer and Group CFO Søren Jelert will constitute the Executive Management of GN. These changes will take effect on October 1, 2023. Gitte Aabo is committed to stay on through the remainder of 2023 to ensure a seamless transition. お知らせ • Aug 18
Gn Store Nord A/S Provides Earnings Guidance for the Year 2023 GN Store Nord A/S provided earnings guidance for the year 2023. For the period, the company expects Organic revenue growth of GN Hearing to:9% to 13%.GN Audio: -10% to -4%. GN Store Nord: -4% to +2%. お知らせ • Jun 30
MCH signed an agreement to acquire BelaudiCAo, Unipessoal, Lda from GN Store Nord A/S (CPSE:GN). MCH signed an agreement to acquire BelaudiCAo, Unipessoal, Lda from GN Store Nord A/S (CPSE:GN) on June 28, 2023. BelaudiCAo has revenues of around €35 million. The transaction is subject to MCH Private Equity completing financing and obtaining anti-trust clearance. The transaction is expected to close in Q3 2023. Alantra Partners, S.A. (BME:ALNT) acted as financial advisor and Vieira de Almeida & Associados – Sociedade de Advogados, RL acted as legal advisor to GN. Uría Menéndez - Proença de Carvalho acted as legal advisor to MCH. お知らせ • May 26
GN Store Nord A/S has completed a Follow-on Equity Offering in the amount of DKK 2.771094 billion. GN Store Nord A/S has completed a Follow-on Equity Offering in the amount of DKK 2.771094 billion.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 17,319,337
Price\Range: DKK 160
Transaction Features: Subsequent Direct Listing お知らせ • Feb 11
GN Store Nord A/S Provides Earnings Guidance for the Year of 2023 GN Store Nord A/S provided earnings guidance for the year of 2023. For the year, the company expected an organic revenue growth in the range of 2% to 8%. お知らせ • Feb 10
William Demant Invest A/S acquired an unknown minority stake in GN Store Nord A/S. William Demant Invest A/S acquired an unknown minority stake in GN Store Nord A/S on November 30, 2022.William Demant Invest A/S completed the acquisition of an unknown minority stake in GN Store Nord A/S on November 30, 2022. お知らせ • Feb 09
GN Store Nord A/S announced that it expects to receive DKK 7 billion in funding GN Store Nord A/S announced that it will receive DKK 7,000 million in a round of funding on February 8, 2023. The company will issue common shares in the transaction. お知らせ • Jan 27
Per Wold-Olsen to Not Seek Re-Election as Chair of GN Store Nord A/S GN Store Nord A/S announced that GN Chair of the Board, Per Wold-Olsen, will not seek re-election at the AGM.