Peter Hutson and James Reeves, pictured in 2014, have sold their Australian audiology business to Italian group Amplifon for $584m. Photo / Sarah IveyPeter Hutson and James Reeves, pictured in 2014, have sold their Australian audiology business to Italian group Amplifon for $584m. In 2009 the New Zealand arm of the business, Bay Audiology was sold to focus on expansion in Australia. "I am delighted that Bay Audio finds a new home in the Amplifon Group and is reunited with the Bay Audiology business in New Zealand. "I am confident that inside Amplifon Bay Audio will expand the legacy we have built and continue to accelerate its growth trajectory."

Source: New Zealand Herald July 14, 2021 04:22 UTC