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German Hearing Aid Maker Kind to Expand, Handelsblatt Says

Kind Hoergeraete GmbH & Co. KG, the German hearing-aid maker, plans to increase the number of stores nationwide to 800 in coming years from 500 and add stores abroad, Handelsblatt reported, citing Alexander Kind, the company’s head.

Hoergeraete isn’t worried by Fielmann AG (FIE)’s plans to expand into hearing aids, Kind also told the newspaper.

To contact the reporter on this story: Richard Weiss in Frankfurt at rweiss5@bloomberg.net.

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net.

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