Amplifon completes the acquisition of Attune hearing in Australia

Acquisitions
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Last updated on February 6, 2020 at 05:44 pm

Following the press release dated January 8th, 2020, Amplifon (MTA; Bloomberg ticker: AMP:IM), global leader in hearing solutions and services, announces today the closing of the acquisition of Attune Hearing (around 55 shops) in Australia.

The transaction, which calls for a cash-out of around 55 million Australian dollars (around 34 million euro), perfectly fits Amplifon’s strategy aimed at further strengthening the Company’s position in the core Australian market, complementing National Hearing Care retail business with Attune’s integrated medical model.

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