Gimv Acquires Majority Stake in Alpine for Growth and Market Expansion

Investment firm Gimv has announced the acquisition of a majority stake in Alpine, a leading player in the consumer hearing protection market. This strategic move aims to boost Alpine's growth ambitions and strengthen its position globally. Alpine, known for its passive hearing protection solutions, operates in over 65 countries and has a strong omni-channel presence.

Alpine's focus on reusable products and its recent B-Corp certification highlight its commitment to environmental and social governance (ESG). As the market for hearing protection solutions expands rapidly, Alpine stands out with its premium offerings and significant international presence.

The deal, aligning with Gimv's strategy to increase investment ticket sizes, positions Alpine among the top five investments in Gimv's portfolio. While financial specifics remain undisclosed, the transaction supports Alpine's goal to accelerate growth and expand in key markets. The partnership marks a significant step in advancing consumer awareness and adoption of sustainable hearing solutions.