Sonova's Strategic Acquisition of Audiolife's Tuscan Operations
Deal News | Jun 10, 2025 | Legal Community Italy
Pirola Pennuto Zei & Associati provided legal advice to Sonova Audiological Care Italia and its subsidiary Audionova Retail during the acquisition of Audiolife's hearing centres in the Tuscany region. This marks a strategic expansion for Sonova in the Italian market, leveraging the Audionova Italia brand. The legal team was led by partner Paolo Consales and senior associate Fabrizio Mollica, alongside associate partner Giuseppe Merola. Additional advisory support was provided by Studio Galeazzi & Associati for tax and accounting due diligence. The seller, Audiolife, received legal and fiscal counsel from Vittorio Simonelli and Claudio Antonelli, respectively.
Sectors
- Healthcare
- Legal Services
- Retail
Geography
- Italy – The acquisition and involved companies are located in Italy, particularly focusing on the Tuscany region.
Industry
- Healthcare – The article involves the acquisition of hearing centres, which are part of the healthcare sector.
- Legal Services – The article discusses the involvement of law firms providing legal advice for the acquisition.
- Retail – Audionova Retail, part of the Sonova group, is involved in the retail of hearing aids.
Financials
- Not Disclosed – The financial terms of the acquisition were not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sonova Audiological Care Italia | Acquiring Company | Company | A part of Sonova, focusing on audiological care in Italy. |
| Audionova Retail | Acquiring Subsidiary | Company | A retail brand within Sonova, dealing with hearing aids. |
| Audiolife | Selling Company | Company | The company selling its hearing centres in Tuscany to Sonova. |
| Pirola Pennuto Zei & Associati | Legal Advisor to Buyer | Company | Provided legal and corporate M&A advice for the acquisition. |
| Studio Galeazzi & Associati | Tax and Accounting Advisor to Buyer | Company | Assisted with fiscal and accounting due diligence for the acquisition. |
| Vittorio Simonelli | Legal Advisor to Seller | Person | Provided legal counsel to Audiolife during the transaction. |
| Claudio Antonelli | Fiscal Advisor to Seller | Person | Handled fiscal and accounting advisory for Audiolife. |