Sonova completes acquisition of Alpaca Audiology

Stäfa (Switzerland), March 1, 2022 – Sonova Holding AG, a leading provider of hearing care solutions, has successfully completed the acquisition of Alpaca Audiology, announced on January 13, 2022. Alpaca is one of the largest independent networks of audiological care clinics in the US and operates around 220 clinics across the country. The acquisition doubles Sonova’s network in the United States and significantly expands its direct consumer access in the world’s largest audiological care market. The acquisition will be consolidated as of today. On a full year basis, Alpaca is expected to contribute annual revenues of approximately USD 120 million (CHF 110 million) and achieve an EBITDA margin (adjusted for transaction and integration costs) in the high teens. We therefore do not expect a material contribution to consolidated sales and adjusted EBITA in the final month of the 2021/22 financial year.