Announced
Financials
Sources
Tags
Private
Acquisition
Medical Equipment
Cross Border
Friendly
Pending
Majority
hearing care
Australia
Single Bidder
Synopsis
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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