Hutsons and Reeves reap A$550m selling to Amplifon

Thu, 15 Jul 2021

Peter and Anya Hutson and investment partner James Reeves have sold their audiology business for A$550 million to the world's largest hearing aid retailer, Amplifon, that company said."The transaction is considered by Amplifon to be 'strategic' and is perfectly aligned with the company's growth strategy to further strengthen its position in the key Australian market," Italy-based Amplifon said. (This has been translated from Italian using Google Translate.)It expects to complete the transaction by the end of 2021.Ampli...

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