EssilorLuxottica CEO confirms past interest in Amplifon

CEO Francesco Milleri told shareholders on Tuesday that the company previously explored an investment in Amplifon. He sees hearing aids as a major growth area.

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ESSILORLUXOTTICA CEO Francesco Milleri confirmed the group previously evaluated an investment in hearing-aid maker AMPLIFON SPA. The review occurred as part of a broader M&A monitoring strategy. Hearing health represents a primary growth driver for the group as it integrates audio technology into eyewear.

Milleri addressed shareholders on Tuesday during the annual meeting in France. He noted that AMPLIFON SPA, headquartered in Italy, made different choices, while ESSILORLUXOTTICA continues to monitor the global landscape.

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