In a press release outlining its future strategy, Sonova almost casually mentions something major: the separation from its consumer hearing division, and thus from Sennheiser. Sonova acquired the consumer audio division of Sennheiser Electronic GmbH for €200 million in 2021. However5 , the audio specialists apparently never quite fit in with the parent company.
Sonova states matter-of-factly that it intends to concentrate on hearing aids and cochlear implants. It will consistently align its resources accordingly. According to the official statement,9 distribution channels, demand dynamics, and development cycles in the consumer audio market differ too significantly from those of hearing aids and cochlear implants. Therefore, starting with the 2025/26 financial year, the audio division will be reported as a business unit designated for sale.
Sonova aims to achieve sales of 6 billion Swiss francs by fiscal year 2030/31. The demand for hearing aids is steadily increasing, particularly in Germany, due to demographic trends. At the same time, the market penetration of hearing solutions remains low. This presents an opportunity for the company.
Back in 2021, many market observers were surprised by Sonova’s acquisition of Sennheiser’s consumer business. Perhaps they were following the example of the Danish manufacturer GN, which also sells hearing aids and is active in the headphone and headset market with its Jabra and SteelSeries brands. But apparently, the plan failed. Sennheiser is now looking for a new owner for its consumer division.
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Sennheiser wird verkauft: Sonova will sich von der Kopfhörer-Marke trennen6
Sonova erwähnt in einer Mitteilung zur kommenden Strategie des Unternehmens fast schon nebenbei etwas Großes: die Trennung von seiner ...
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