22 February 2013

Alliance Boots today announces that Boots UK has extended its partnership with Sonova Holding AG (Sonova), which includes the acquisition of a 49% minority investment in David Ormerod Hearing Centres Limited (DOHC), the Sonova subsidiary that operates Boots hearingcare practices across the UK.

Together, Boots UK and DOHC have been one of the leading providers of hearingcare in the UK since 2003. The investment extends this partnership for the long term and illustrates Boots UK’s commitment for further development within the provision of hearingcare services. Today, Boots hearingcare has more than 340 practices within Boots stores and Boots Opticians across the UK.

Sonova is a world leading manufacturer of innovative hearing healthcare solutions.

Alex Gourlay, Chief Executive, Health & Beauty Division, Alliance Boots, comments: “We are delighted to have extended our unique partnership with Sonova. This agreement further builds on our investment in the UK, as well as our commitment to help improve health in the local communities we serve. Partnering with Sonova ensures that our customers can readily access world leading hearingcare technology and services as part of our integrated healthcare offer in the UK.”

Lukas Braunschweiler, CEO of Sonova, adds: “Sonova is pleased to further strengthen and secure the long term relationship with Boots UK. Together, we will continue to provide high-quality professional audiological services to our customers in the UK and pursue the long term growth of the business.”


ENDS

Notes to editors:

About Alliance Boots
Alliance Boots is a leading international, pharmacy-led health and beauty group delivering a range of products and services to customers. Working in close partnership with manufacturers and pharmacists, we are committed to improving health in the local communities we serve and helping our customers and patients to look and feel their best. Our focus is on growing our two core businesses: pharmacy-led health and beauty retailing and pharmaceutical wholesaling and distribution.
Alliance Boots has a presence in more than 25* countries and employs over 116,000* people. Alliance Boots has pharmacy-led health and beauty retail businesses in 11* countries and operates more than 3,330* health and beauty retail stores, of which just over 3,200* have a pharmacy. In addition, Alliance Boots has around 625* optical practices, of which around 185* operate on a franchise basis. Our pharmaceutical wholesale businesses supply medicines, other healthcare products and related services to more than 170,000* pharmacies, doctors, health centres and hospitals from over 370* distribution centres in 21* countries.

* Figures are approximations as at 31 March 2012 and include associates and joint ventures.

About Sonova
Sonova Holding AG, headquartered in Staefa, Switzerland, is the leading manufacturer of innovative hearing care solutions. The group operates through its core business brands Phonak, Unitron, Advanced Bionics and Connect Hearing. Sonova offers its customers one of the most comprehensive product portfolios in the industry – from hearing instruments to cochlear implants to wireless communication solutions. Founded in 1947, the group is currently present in over 90 countries across the globe and has a workforce of over 8,500 dedicated employees. Sonova generated sales of CHF1,62 billion in the financial year 2011/12 and a net profit of CHF 246 million. By supporting the Hear the World Foundation, Sonova pursues its vision of a world where everyone enjoys the delight of hearing and therefore lives a life without limitations.

For further information, please contact:

Laura Vergani/Katie Johnson/Julie Longton, Alliance Boots. Tel: +44 (0) 207 980 8585
Katie Lang/Claire Scicluna, RLMFinsbury. Tel: +44 (0) 207 251 3801

Full press release as PDF - 22 February 2013

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