Iconic audio … Made in Germany
07 May, 2021
Sennheiser, one of the most iconic audio brands in the world, announced the sale of its consumer division to Sonova, a leading provider of hearing solutions. The sale allows Sonova to expand its offering, and leverage complementarity in fast growing markets such as hearables. Sennheiser’s consumer division focuses on high quality headphones, hearables and home cinema products for private customers. Telling the story of Sennheiser’s rich heritage as well as the exciting future opportunities in technology, e-commerce and Asia were important to the success of the process.
The sale process was run by GCA Altium out of Zurich.
Crescendo Partners was responsible for creating the management presentation and coaching the Sennheiser management team.