GN announces divestment of BelAudição - Seite 2

Key transaction highlights

The transaction is an important milestone in the newly announced capital plan to strengthen GN’s capital structure where proceeds from selected asset disposals amount to DKK 1-2 billion. The divestment of BelAudição will contribute DKK ~500 million of that target. The transaction is expected to close in Q3 2023 subject to MCH Private Equity completing financing and obtaining anti-trust clearance.

The divestment of BelAudição is not impacting the financial guidance of GN Hearing.

For further information, please contact:

Investor Relations
Anne Sofie Staunsbæk Veyhe [phone]
Rune Sandager [phone]


Media Relations
Steen Frentz Laursen [phone]

About GN 
GN brings people closer through our leading intelligent hearing, audio, video, and gaming solutions. Inspired by people and driven by innovation, we deliver technology that enhance the senses of hearing and sight. We help people with hearing loss overcome real-life challenges, improve communication and collaboration for businesses, and provide great experiences for audio and gaming enthusiasts.

GN was founded more than 150 years ago with a vision to connect the world. Today, inspired by our strong heritage, GN touches more lives than ever with our unique expertise and the broadest portfolio of products and services in our history – bringing people closer to what is important to them.

We market our solutions with the brands Jabra, ReSound, SteelSeries, Beltone, Interton, BlueParrott, Danavox, and FalCom in 100 countries. Founded in 1869, GN Group employs more than 7,500 people and is listed on Nasdaq Copenhagen (GN.CO).

Visit our homepage GN.com - and connect with us on LinkedIn, Facebook and Twitter

About MCH Private Equity
MCH is a private equity fund set up in 1998. The company manages more than 1.2 billion euros through different funds, being one of the leading companies in the Spanish market and one of the largest private and independent private equity groups in Spain. The funds focus their activity on acquiring significant stakes in companies of relevant size in the Iberian Peninsula, pioneers in their corresponding markets and managed by solid professional teams, with the aim of boosting their growth and internationalization.

MCH is currently investing its fifth fund, having complete operations in leading companies such as Molecor (development of molecular orientation technology applied to pressurized water channeling), Prosur (natural ingredients for the food industry) or Logalty (digital signature and electronic contracting), among others.