GrandVision to acquire Smarteyes from Mellby Gård.

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.