Innova Capital to acquire 100% stake in Optiplaza.

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.