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Announced

Magrabi Retail Group to acquire Kefan Optics.

Synopsis

Magrabi Retail Group, the Middle East's leading eyewear retailer, agreed to acquire Kefan Optics, one of the largest eyewear retailers in Kuwait. Financial terms were not disclosed. "This acquisition marks another defining moment in our transformation journey. We are proud to strengthen our presence in Kuwait and reinforce our leadership in a region poised for consolidation. Our goal remains clear: to lead the evolution of eye care in the Middle East." Amin Magrabi, MAGRABi Retail Group Chair.

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