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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. Following the acquisition, the MAGRABi customer-centric ethos will be seamlessly integrated into the existing Kefan stores, whilst maintaining the Kefan brand, bringing a premium MAGRABi experience to elevate the overall customer journey. The acquisition paves the way for a new era in eye care throughout Kuwait and the refreshed stores will raise the bar for superior service and quality nationwide.

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