Sivantos
Sivantos Group is a manufacturer of hearing aids. It was spun off from Siemens Audiology Solutions after Siemens AG sold the company to EQT VI and Santo Holding GmbH in 2015.
Sivantos Group employs about 6,000 people in more than 25 countries, including affiliates such as HearUSA and Audio Service.
In fiscal year 16/17 Sivantos Group generated revenue of €967 million on pro-forma basis and adjusted EBITDA of €237 million.
Sivantos Group joined the UN Global Compact Initiative in 2017 and began to streamline its social activities and CSR policy. The company’s first Communication on Progress, the annual report to the office of the UN Secretary General, was published on 24 May 2018.
In 2018, Widex and Sivantos announced an $8B merger, creating the 3rd largest hearing conglomerate in the world.
Since March 1, 2019 Sivantos Group has been part of WS Audiology, a company formed that day through the combination of Singapore-headquartered, former Siemens owned, Sivantos with Lynge/Denmark-based Widex.
