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GN rejects notion of selling Hearing division, again

GN is not considering selling or seperating from its hearing aid division, GN Hearing, to instead focus on the fast-growing headset manufacturer, GN Audio, a recommendation that Nordea made in an analysis for its clients on Wednesday.

Photo: GN Store Nord / PR

The hearing healthcare group GN has no plans of selling off or seperating from its hearing aid division, GN Hearing, to instead bet on the sister company, headset manufacturer GN Audio.

According to Nordea, GN, which is located in Ballerup, Denmark, ought to consider just that, as it would free up funds for investments in acquisitions and growth in the Audio division – which, in contrast to GN Hearing, has seen massive growth during the Covid-19 pandemic.

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