CRIDO, a leading Polish advisory firm, has advised Amplifon Poland, a leading company specialising in hearing diagnostics and the provision of advanced hearing aid technologies, in the acquisition of 100% of the shares in KIND Aparaty Słuchowe, one of the largest and fastest-growing companies in the hearing aid industry worldwide. With this acquisition, Amplifon more than doubles its presence in the Polish market, strengthening its position in the dynamically growing Central and Eastern European market. This is another transaction in which CRIDO has supported Amplifon, this time providing comprehensive financial, tax, legal, and cybersecurity support.
CRIDO Supports Amplifon Poland in strategic consolidation in the hearing aids market
CRIDO, a leading Polish advisory firm, has advised Amplifon Poland, a leading company specialising in hearing diagnostics and the provision of advanced hearing aid technologies, in the acquisition of 100% of the shares in KIND Aparaty Słuchowe, one of the largest and fastest-growing companies in the hearing aid industry worldwide.
Amplifon Poland, with over 100 clinics across Poland, offers comprehensive audiological care, including free hearing tests and individually tailored hearing solutions. The company has been operating in the market for 75 years, continuously developing its services and technologies to improve the quality of life for people with hearing loss. Amplifon Poland is part of the global Amplifon network, which is a world leader in the field of hearing aids.
KIND Aparaty Słuchowe has been operating in Poland for over 15 years, with nearly 130 branches offering modern hearing aids and comprehensive audiological care. The company specialises in the production of hearing aids designed in Germany.
"This transaction marks a pivotal moment in Amplifon's history. As a result of this acquisition, the company more than doubles its presence in the Polish market to over 230 points of sale. This strategic move not only strengthens Amplifon's position in the rapidly growing Central and Eastern European market but also enables even better customer reach and the provision of the highest quality audiological services" - explains Enrico Vita, CEO of the Amplifon Group.
CRIDO has extensive experience in executing similar projects requiring an interdisciplinary approach, played a key role in the transaction. Four CRIDO teams supported the client, including:
"We are proud to have supported the Amplifon Group once again in the implementation of their development strategy. This transaction represents a significant step in the company's expansion in the Polish market, and we are pleased to have been part of this process. What we like the most is supporting entrepreneurs - both small and large - in developing their business." said Mateusz Stańczyk, Partner at CRIDO.
CRIDO’s M&A team supports our clients in all or selected areas of the transaction process: corporate finance, due diligence (financial, tax, legal), developing transaction structures, drafting transaction documentation, as well as legal and tax consulting at every stage of the transaction.
About CRIDO:
Founded in 2005, CRIDO is a leading Polish advisory firm. With a team of over 430 professionals, CRIDO strategically supports Polish and international entrepreneurs in developing and managing their businesses. CRIDO has provided “360-degree” advisory services in legal, tax, business, digital, and M&A transactions. The firm also helps secure funding for innovative business development through public and other available funding sources.