MILAN, ITALY – Amplifon (EXM; Bloomberg: AMP:IM; Reuters: AMPF.MI), a global leader in hearing solutions and services, has announced the acquisition of the entire capital of MagicSon srl and Sonar srl. These two companies, based in Turin, collectively own 27 hearing centers across the regions of Piedmont and Valle d’Aosta.
With this transaction, Amplifon seizes the opportunity to integrate two long-standing businesses in the area that share its commitment to service quality. The acquired stores complement Amplifon’s existing network in the two regions, further strengthening its local presence and enhancing service offerings to customers.
Founded in Milan in 1950, Amplifon operates more than 800 stores across Italy and provides hearing care services to approximately 100,000 people annually. This acquisition underscores Amplifon’s commitment to expanding its reach and delivering high-quality hearing solutions to individuals in need.
About Amplifon
Amplifon, global leader in the hearing care retail market, empowers people to rediscover all the emotions of sound. Amplifon’s more than 19,400 people worldwide strive every day to understand the unique needs of every customer, delivering exclusive, innovative, and highly personalized products and services to ensure everyone the very best solution and an outstanding experience. The Group, with annual revenues of more than 2 billion euros, operates through a network of more than 9,300 points of sale in 25 countries and 5 continents.
Source: Amplifon
