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Announced

Vision Group to acquire the VistaSì from EssilorLuxottica and GrandVision.

Synopsis

Vision Group, a distribution networks for Italian opticians, agreed to acquire the VistaSì, an optics seller in Italy, from EssilorLuxottica, a multinational corporation, and GrandVision, an optical retail company. Financial terms were not disclosed. The agreement between EssilorLuxottica, GrandVision and Vision Group also provides for transitional agreements to support the business continuity of the divested perimeters following the implementation of the transaction.

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Market Context

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