Demant has long-term expectations in China

With the 20-percent acquisition of a network of hearing aid clinics in China, Demant is making its long-term ambitions in the nation known. ”China will inevitably be the world’s second-biggest, if not the biggest, market for hearing aids,” CEO at Demant Søren Nielsen tells MarketWire.
Søren Nielsen, CEO of Demant | Photo: Kenneth Lysbjerg Koustrup/ERH
Søren Nielsen, CEO of Demant | Photo: Kenneth Lysbjerg Koustrup/ERH
by marketwire, translated by daniel pedersen

Hearing aid manufacturer Demant announced in beginning of March the acquisition of 20 percent of shares in Shengwang, a network of hearing aid clinics in China.

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