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New Deal


Announced

Amplifon to acquire Bay Audio for €340m.

Financials

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Transaction Value£290m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales5.4x
EV/EBITDA17x
Share Price Premium-
One Off Charge-

Tags

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Private

Acquisition

Medical Equipment

Cross Border

Friendly

Pending

Majority

hearing care

Australia

Single Bidder

Synopsis

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Amplifon, a provider of hearing solutions and services, agreed to acquire Bay Audio, a private independent Australian hearing care retailer, for €340m ($404m). The acquisition of Bay Audio represents a key strategic transaction for Amplifon and perfectly fits the company’s growth strategy to further strengthen its position in the core Australian retail market.

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