Amplifon to acquire Bay Audio for €340m.

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.

Principals

target

Bay Audio

bidder

Amplifon

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Market Context

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Seller Team (1)

eron plumb

CEO at BAY AUDIO

Manager

target

Deal

£ 290 M

Total Value

Bidder Team (3)

lidia fornasiero

Director at Brunswick Group

PR Consultant

bidder

Deals

£ 22.67 B

Total Value

enrico vita

CEO at AMPLIFON SPA

Manager

bidder

Deals

£ 319 M

Total Value

barbara scalchi

Director at Brunswick Group

PR Consultant

bidder

Deals

£ 1.41 B

Total Value

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