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Announced

Innova Capital to acquire 100% stake in Optiplaza.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Romania

optical retailer

Specialty Retailers

Private

Private Equity

Synopsis

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Private equity firm Innova Capital agreed to acquire 100% stake in Optiplaza, one of the top players on the Romanian optical market. The transaction marks further stronger entry of the fund into the attractive and growing optical market. Financial terms were not disclosed. Innova will follow through with plans for further development of Optiplaza, including ongoing improvement of the product offering and customer experience as well as expansion of the current retail network in Romania.

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