Announced
Completed
Financials
Tags
optical store
Friendly
Netherlands
Private
Specialty Retailers
Majority
Acquisition
Belgium
Completed
Cross Border
Synopsis
Optical equipment manufacturers EssilorLuxottica and GrandVision completed the acquisiton of 142 EyeWish stores and 35 GrandOptical stores from optical companies ORIG BENE and Michael Pachleitner Group. Financial terms were not disclosed. This follows the commitments agreed upon with the European Commission on 23 March 2021, as part of the acquisition of GrandVision by EssilorLuxottica. The agreement between EssilorLuxottica, GrandVision and MPG also provides for transitional agreements to support the business continuity of the divested perimeters following the implementation of the transaction.
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