Sivantos

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Sivantos group

logo
legal form Pte. Ltd.
founding 2015
Seat Singapore
management Eric Bernard ( CEO )
Number of employees approx. 6,000
sales 967 million
(financial year 2016/2017)
Branch Hearing aids
Website www.sivantos.com

The Sivantos Group is a hearing aid manufacturer. It supplies acousticians in 120 countries with hearing aids from Signia, Audio Service , Rexton and A&M as well as accessories, fitting software, smartphone apps and workflow solutions.

Today around 6,000 employees in 20 countries work for the Sivantos Group. The national companies on the American continent, in the Asia-Pacific region and Europe are also part of the Sivantos Group, as are HearUSA, an acoustic chain in the USA, Audioservice and the internet portal audibene .

The roots of the Sivantos Group go back to 1878, when Werner Siemens developed a telephone receiver that enabled significantly improved transmission quality. Many technologies were first used in Siemens hearing aids worldwide, such as the wireless connection of two hearing aids to form a binaural hearing system. The developers were awarded the Federal President's German Future Prize in 2012.

In the 2016/17 financial year, the Sivantos Group generated sales of EUR 967 million on a pro forma basis and earnings of EUR 221 million (normalized EBITDA = earnings before interest, taxes, depreciation and amortization). Sivantos was created in 2015 when Siemens AG sold its Siemens Audiology Solutions to EQT VI and Santo Holding GmbH.

Sivantos signed the United Nation Global Compact in 2017 . All companies in the UN Global Compact are obliged to report their progress in implementing the 10 principles and their activities to promote sustainable development. This annual Communication on Progress (COP) by Sivantos was published on May 24, 2018 on the UN website.

Since March 1, 2019, the Sivantos Group has been part of WS Audiology, a company that was founded by the merger of Sivantos based in Singapore and Widex based in Lynge / Denmark.

National companies

The following national companies belong to the Sivantos Group:

country Sivantos name
Australia Sivantos Pty. Ltd.
Brazil Sivantos Soluções Auditivas Ltda.
China Sivantos (Suzhou) Co. Ltd.
Denmark Sivantos A / S
Germany Sivantos GmbH and Sivantos Holding Germany GmbH
Germany Audio Service GmbH
France Sivantos SAS
India Sivantos India Pvt. Ltd.
Italy Sivantos SrL
Japan Sivantos KK
Canada Sivantos Inc.
Korea Sivantos Ltd.
Netherlands Sivantos BV
Norway Sivantos AS
Poland Sivantos Sp. Zoo
Sweden Sivantos A / S
Switzerland Sivantos AG
Singapore Sivantos Pte. Ltd.
South Africa Sivantos Pty Ltd.
Czech Republic Sivantos sro
Turkey Sivantos Isitme Cihazlari Sanayi Ve Ticaret Anonim Sirketi
Hungary Sivantos Kft.
United States Sivantos, Inc.
United Kingdom Sivantos Ltd

Individual evidence

  1. Sivantos and audibene announce strategic partnership and investment agreement - Sivantos Group
  2. Hearing aid startup Audibene is sold . In: Gründerszene Magazin . ( gruenderszene.de [accessed on October 16, 2017]).
  3. History - Sivantos Group
  4. The history of Siemens hearing systems
  5. PE investor EQT digitizes hearing aid manufacturer Sivantos
  6. Communication on Progress published May 2018

Web links