Sonova announced on July 20 that the German Federal Cartel Office approved the acquisition of the Dutch hearing aid distributor AudioNova without conditions.
On May 4 Audiology Worldnews reported about the signature of the agreement between Sonova and AudioNova with the aim of acquiring the network for 830 million Euros.
Amplifon announced today, July 19, the acquisition of the two German retail chains Focus Hören AG and Die Hörmeister GmbH.
According to the press release these acquisitions perfectly fit Amplifon's growth strategy aimed at strengthening the company's market position in the second largest private retail market worldwide: from January 2016 Amplifon acquired 105 shops in Germany increasing the network to a total of 365 stores.
Denmark's investment fund GRO Capital A/S has acquired 46% of Auditdata A/S and has become the main shareholder in the global independent provider of audiology solutions.
The company made the announcement in a recent press release, saying that the accelerated growth over recent years has led to a need for a stronger focus on sales and marketing as part of the overall strategy of becoming a world-leading independent provider of audiology solutions.