Crescent sells National Hearing Care to international buyer
Crescent Capital Partners and Macquarie Group have sold local hearing healthcare business National Hearing Care Group (NHC) to Italian hearing aid retailer Amplifon SA, the leading global player in the sector, for A$460 million ($441 million).
The price paid by Amplifon has garnered positive reactions among Australian private equity players – “they got a terrific result” said one GP – and some surprise among analysts in Europe, who noted...
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