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New Deal


Announced

De Rigo Vision to acqurie the Eyewear division of Rodenstock.

Financials

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

Tags

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Friendly

Pending

Single Bidder

Germany

Cross Border

eyewear

Health Care Services

Acquisition

Majority

Private

Synopsis

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De Rigo Vision, an optical products manufacturer, agreed to acqurie the Eyewear division of Rodenstock, a manufacturer of ophthalmic lenses and spectacle frames. Financial terms were not disclosed. “I am proud to announce this agreement with Rodenstock, with whom we share the values ​​of operational excellence and a client and people-centric business: the keys to our companies' success. We are delighted to complement our portfolio of premium products with the prestigious Rodenstock brands, building a new champion in the eyewear business. We are confident that building on our global platform and network we will be able to support the continued growth of the business and its brands,” Maurizio Dessolis, De Rigo Vision Executive Vice Chairman.

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