Another addition to the Sivantos Group: Biotone
The French company, Biotone Technologies, headquartered in Roissy en France, joins the Sivantos Group as its newest strategic partner. Biotone Technologies is known as a provider of hearing aids, hearing aid accessories, and cleaning products in France and Morocco. With 7% market share for hearing aids, plus over 50% market share for accessories and cleaning products in France alone, Biotone brings a dedicated and experienced team with great market knowledge to the Sivantos Group. With a staff of 40, Biotone generates nearly €30m in yearly revenues.
“We believe that together with Biotone we will grow even quicker in France. They add great people and 22 years of market knowledge to our own artillery,” says Sivantos France CEO Pascal Boulud. And Luc Miteaux, who founded Biotone in 1995, adds: “As a long-time distributor for Rexton and Audio Service brands, I know Sivantos as a reliable and future thinking partner who is fun to grow with.”
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