Fundz

Amplifon acquires GN's Hearing business for DKK 17B

PRIVATEMar 16, 2026

Acquiring Company

Nexi S.p.A

Acquired Company

GN Hearing

BelarusMinneapolisManufacturingBiotechnologyFinancial ServicesHealth CareArtificial IntelligencePaymentsFinanceMedicalMedical DeviceFashionFintechLendingBankingBiopharmaOtherManufacturingAudio

Description

Amplifon has agreed to purchase GN Store Nord's Hearing business for DKK 17 billion. This acquisition will position Amplifon as a global leader in audiology while allowing GN to shift its focus towards technology innovation. The deal is subject to regulatory approval and is anticipated to close by year-end.

Company Information

Company

Nexi S.p.A

Location

Belarus

About

Nexi is Europe's largest payments processor, playing an essential role in the payments ecosystem. The company was developed through a decade-long journey of M&A and consolidation to become a strategic leader in digital payments. With a unique scale and strong cash generation capabilities, Nexi continues to innovate in a rapidly evolving market.

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Frequently asked

Who acquired GN Hearing?

GN Hearing was acquired by Nexi S.p.A, based in Belarus. The deal was reported on March 16, 2026. Nexi is Europe's largest payments processor, playing an essential role in the payments ecosystem. Nexi S.p.A is privately held and operates in Manufacturing.

When did Nexi S.p.A acquire GN Hearing?

Nexi S.p.A's acquisition of GN Hearing was reported on March 16, 2026. Amplifon has agreed to purchase GN Store Nord's Hearing business for DKK 17 billion. This acquisition will position Amplifon as a global leader in audiology while allowing GN to shift its focus towards technology innovation. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does GN Hearing do?

GN Hearing is a part of GN Group, which specializes in hearing aids and audiology solutions. The company is known for its innovation in sound quality and user experience. It is privately held, operating in Other, and is based in Minneapolis.

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