Inspecs Group, a designer, manufacturer and distributor of eyewear frames, completed the acquisition of Eschenbach, a global eyewear supplier headquartered in Nuremberg, from Equistone Partners, a private equity firm, for €95m ($113m). "We are delighted to have agreed to acquire Eschenbach, Germany's no.1 eyewear company which in turn owns one of the leading eyewear companies in the USA, Tura. As a high-quality business with a strong management team and track record of margin-accretive growth, Eschenbach represents the ideal fit for Inspecs. Moreover, it will enable the Group to penetrate key global markets, broaden our customer reach, strengthen our brand portfolio and capitalise on the compelling structural opportunities that exist in the fragmented global eyewear market," Robin Totterman, Inspecs CEO.