William Demant

William Demant is a health care company from Denmark with headquarters in Smørum. The company is listed on the stock index OMX Copenhagen 20.

It specializes in the area of ​​hearing aids and diagnostic tools and is a leader in this sector. The company was founded in 1904 by Hans Demant under the company name Oticon. After his death in 1910 led by his son William continued the business.

In 1957 William and Ida Emilie Demant wore the family shares in the company on the Oticon Foundation. The aim of this foundation is to support people with hearing problems. The Foundation currently holds around 61 percent of the company (as of 2006).

1994, the company acquired the Swiss company William Demant Bernafon, Phonic Ear, later the headset manufacturer DanaCom and Inter Acoustics. Was founded in 2003 together with the German company Sennheiser as a joint venture in Copenhagen Sennheiser Communications A / S.

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