Sonova to Acquire Sennheiser Consumer Division

Sonova Holding AG announced that it has signed an agreement to acquire the Consumer Division from Sennheiser electronic GmbH & Co KG (Sennheiser). The Sennheiser Consumer Division, which concentrates on the business of headphones and hearables for private customers, is said to be “an excellent fit with Sonova’s strategy to lead innovation in hearing experience and to engage consumers early on their hearing journey.”