Sonova and Audionova Acquire Audiolife Centers in Tuscany
Deal News | Jun 10, 2025 | Finance Community IT - 1 Corporate M&A
Sonova Audiological Care Italia and Audionova Retail, known for their retail operations under the Audionova Italia brand, have successfully acquired the acoustic centers of Audiolife situated in Tuscany. The transaction was supported by legal and financial advisory teams. Pirola Pennuto Zei & Associati provided legal due diligence and addressed corporate and M&A legal issues for the buyers, while Studio Galeazzi & Associati conducted tax due diligence and addressed financial and accounting matters. On the seller's side, legal advice was provided by Vittorio Simonelli, and Claudio Antonelli offered fiscal and accounting guidance. The notarial aspects were supervised by an appointed notary.
Sectors
- Healthcare
- Retail
- Professional Services
Geography
- Italy – The transaction took place in Italy, with the acquisition involving businesses located in the Tuscany region.
Industry
- Healthcare – The acquisition involves companies operating in the provision of hearing aids and audiological services.
- Retail – Audionova is active in the retail space, dealing with the sale of hearing aids to consumers.
- Professional Services – Legal and financial advisory services were crucial in facilitating the M&A transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sonova Audiological Care Italia | Buyer | Company | Sonova Audiological Care Italia is a buyer in the acquisition of Audiolife centers. |
| Audionova Retail | Buyer | Company | Audionova Retail operates under the Audionova Italia brand and is involved in the acquisition. |
| Audiolife | Target Company | Company | Audiolife operates acoustic centers being acquired by Sonova and Audionova in Tuscany. |
| Pirola Pennuto Zei & Associati | Legal Advisor | Company | Legal advisor assisting Sonova Audiological Care Italia and Audionova Retail on the deal. |
| Studio Galeazzi & Associati | Financial Advisor | Company | Responsible for tax and financial due diligence for the buyers. |
| Vittorio Simonelli | Legal Advisor | Person | Vittorio Simonelli provided legal support to the seller. |
| Claudio Antonelli | Financial Advisor | Person | Claudio Antonelli advised on fiscal and accounting aspects for the seller. |