DENMARK- Altor acquires Pulse Medtech from listed Technitrol

Roskilde-based Pulse Medtech designs advanced miniature components and solutions for hearing instruments and advanced acoustics. Its products include balanced armature receivers, high-end microphones, and electromechanical components for the hearing aid, high end audio headset, and medical device markets. The business recently expanded its product offerings to include electromechanical components for selected medical devices.

Pulse Medtech was previously a part of Sonion which was acquired by Technitrol in February last year. Pulse Medtech formed part of Sonion's Hearing Instrument Components (HIC) business unit. Altor has now acquired all assets related to the HIC business. The other division of Sonion, Mobile Terminal Components (MTC) will remain with Technitrol.

Pulse Medtech was founded in 1947 and employs about 1700 people in Denmark, Holland, US and Vietnam. Last year, the business generated revenues of approximately USD 127m.

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