Sonova inks €200M deal for headphone maker Sennheiser unit
May 10, 2021
Hearing aid maker Sonova has agreed to buy the consumer unit of German headphone and microphone maker Sennheiser for €200 million. The division generates annual revenue of around €250 million and has roughly 600 employees. The deal will give Sonova access to a wider customer base, particularly through its wireless headset segment.