Tag: Amplifon

Amplifon to Purchase GAES Group for $616 Million

Amplifon SpA has announced its intent to purchase the privately owned GAES Group, Spain’s largest hearing aid distributor, for €528 million (US$616.6 million). “This major acquisition represents a key milestone in the history of our company and perfectly fits Amplifon’s growth strategy, allowing us to consolidate our global leadership and enabling us to become a market leader in Spain, as well as consolidate our market position in Portugal while also entering the Latin American region,” said Amplifon CEO Enrico Vita.

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Elite 2017 Business Summit Elevates Independents in Era of Disruptive Change

This year’s Summit theme was “Elevate Your Independence,” focusing on how independent hearing care professionals can succeed in an era of disruptive technology, distribution, and what may ultimately be a new regulatory environment. Included in the Summit’s General Session was a historical perspective on the current over-the-counter device proposals, as well as a review of a recent pilot study that supports professionally dispensed hearing aids over OTC.

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