Another acquisition deal concluded for Sonova: Alpaca Audiology

 
 

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© Alpaca/Google

It has been a busy week for Sonova, the Swiss multinational hearing care solutions provider behind brands such as Phonak and Hansaton, which has now announced the consolidation of its purchase of one of the largest independent clinic networks in the USA, Alpaca Audiology.

Coming just days after Sonova trumpeted the completion of its deal to buy the consumer division of Sennheiser, the Alpaca acquisition represents the second ambitious but discrete front on which the group's recent shopping adventures strongly promise success. The latter deal, points out Sonova, significantly expands its direct consumer access in the world’s largest audiological care market, the US.

"On a full year basis, Alpaca is expected to contribute annual revenues of approximately USD 120 million (CHF 110 million) and achieve an EBITDA margin (adjusted for transaction and integration costs) in the high teens. We therefore do not expect a material contribution to consolidated sales and adjusted EBITA in the final month of the 2021/22 financial year," the group underlined in its announcement of the Alpaca completion.

Source: Sonova

P.W.