24 Oct 2025

"Legance Advises Impilo on Acquisition of Oticon Medical for Up to 600 Million Danish Kroner"

"Legance has assisted the Nordic investment company Impilo in acquiring Oticon Medical, a subsidiary of Demant specializing in hearing solutions. The deal, valued at up to 600 million Danish crowns, completes the sale of Demant's Hearing Implants segment and is expected to finalize by the first quarter of 2026, pending regulatory approvals. The Legance team was led by partners Francesco Florio and Giacomo Gitti."

**Press Release Summary** Legance assisted Impilo, a Nordic investment company, in the acquisition of Oticon Medical, a company specializing in auditory solutions and controlled by the Demant group. The agreement completes the divestment of Demant's Hearing Implants business segment, with a maximum contractual consideration of 600 million Danish crowns. The transaction is expected to be finalized by the first quarter of 2026, subject to customary regulatory approvals. The Legance team was led by partners Francesco Florio and Giacomo Gitti, and included managing associate Francesco Bianchi.
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