Myers La Roche marks first ‘major’ audiology practice sale
Myers La Roche established an audiology arm, Audiology Business Central, over a year ago
Myers La Roche has announced that it has finalised its first major sale of a hearing care centre through the Audiology Business Centre (ABC) arm of its company.
ABC has sold Essex-based Heybridge Hearing Centre to an optometrist practice owner, with the sale taking just two weeks to complete.
Myers La Roche launched ABC over a year ago due to the “synergies across optics and audiology.”
Speaking about the sale, managing director of Myers La Roche and ABC, Dominic Watson, said that it illustrates how rapidly the optical market is changing, explaining that traditionally the sale of audiology practices is done through hearing aid manufacturers, which limits the market to their customers.
Mr Watson shared: “Practitioners shouldn’t be stuck to a fixed myth on how to grow and sell their business. There is great disruption across optics now with much change going on in the market but also growth and more opportunities for independents.
“This sale shows that there are huge opportunities to utilise from existing locations and fixed overheads by selling additional services such as audiology.”