Fielmann Group completed the acquisition of Shopko Optical from Monarch Alternative Capital.

Fielmann Group, a global eyewear provider, completed the acquisition of Shopko Optical, an optical retailer based in Green Bay, Wisconsin, from Monarch Alternative Capital, a private equity firm. Financial terms were not disclosed. "Fielmann’s purpose is to help everyone hear and see the beauty in the world. Our acquisition of Shopko Optical is in line with our Vision 2025 growth strategy to expand our business further internationally, particularly in the US market. This acquisition is the next step in our long-term plan to re-define what US consumers can expect of eyecare and eyewear," Marc Fielmann, Fielmann Group CEO.