.
MergerLinks Header Logo

New Deal


Announced

GrandVision to acquire Smarteyes from Mellby Gård.

Financials

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

Tags

Edit

Majority

optical retailer

Sweden

Acquisition

Specialty Retailers

Friendly

Single Bidder

Pending

Cross Border

Private

Synopsis

Edit

GrandVision, a global optical retailer, agreed to acquire Smarteyes, an optical retailer in Sweden, from Mellby Gård, a provider of diversified commercial services. Financial terms were not disclosed. "Smarteyes is a well-positioned concept which provides a highly competitive value-proposition. We see fast growth-opportunities in its stronghold in Sweden and the rest of its locations. This acquisition will strengthen our positioning in the Scandinavian market, as we continue to execute our strategic priorities," Stephan Borchert, GrandVision CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US