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Amplifon — M&A Activity 2017
Mar 1, 2017
4030_tar_2017-03-01_3b660a7e-5034-4982-9473-7912efd87cba.pdf
M&A Activity
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| Informazione Regolamentata n. 0525-24-2017 |
Data/Ora Ricezione 01 Marzo 2017 18:16:03 |
MTA - Star | |
|---|---|---|---|
| Societa' | : | AMPLIFON | |
| Identificativo Informazione Regolamentata |
: | 85636 | |
| Nome utilizzatore | : | AMPLIFONNSS02 - Giorcelli | |
| Tipologia | : | IRAG 10 | |
| Data/Ora Ricezione | : | 01 Marzo 2017 18:16:03 | |
| Data/Ora Inizio Diffusione presunta |
: | 01 Marzo 2017 18:31:04 | |
| Oggetto | : | Amplifon announces signing & closing of AudioNova retail business acquisition in France from Sonova Holding AG |
|
| Testo del comunicato |
Vedi allegato.
AMPLIFON ANNOUNCES SIGNING & CLOSING OF AUDIONOVA RETAIL BUSINESS ACQUISITION IN FRANCE FROM SONOVAHOLDING AG
Milan, March 1st, 2017 – Following the press release dated January 16th , 2017, Amplifon (MTA; Bloomberg ticker: AMP:IM), global leader in hearing solutions and services, announces today the signing of the definitive agreement and the closing of the acquisition of AudioNova retail business in France (around 55 shops) from Sonova Holding AG.
The transaction, which calls for a cash-out of around 16 million euros, perfectly fits Amplifon's strategy aimed at strengthening the Company's positioning in core markets, allowing the Company to reach a total of 560 points of sale in the French market.
About Amplifon
Amplifon, listed on the STAR segment of the Italian Stock Exchange, is the global leader in hearing solutions and services for retail expertise, customization and consumer care. Through a network of around 9,500 points of sale, of which approximately 4,000 direct shops, 3,700 service centers and 1,900 affiliates, Amplifon is active in 22 countries across EMEA (Italy, France, the Netherlands, Germany, the UK, Ireland, Spain, Portugal, Switzerland, Belgium, Luxembourg, Hungary, Egypt, Turkey, Poland and Israel), Americas (U.S.A., Canada and Brazil) and APAC (Australia, New Zealand and India). With more than 7,000 hearing care professionals, the Group is committed to delivering the highest quality of service and care, in order to achieve the best hearing experience for customers worldwide. More information about the Group is available at: www.amplifon.com/corporate.
Investor Relations
Amplifon S.p.A. Francesca Rambaudi Tel +39 02 5747 2261 [email protected] Media Relations: Brunswick Lidia Fornasiero/ Barbara Scalchi Tel +39 02 9288 6200 [email protected]