EssilorLuxottica: acquires Optical Investment's capital

(CercleFinance.com) - EssilorLuxottica has acquired the entire share capital of Optical Investment Group, one of Romania's leading retailers of eye care products and eyewear.
The transaction was carried out with Innova/6, a private equity fund from Innova Capital Group and a group of individual minority shareholders.

Optical Investment Group was created in 2019 in cooperation with Innova Capital through the merger of two established Romanian optical retail chains - OPTIblu and Optiplaza.

Over the past five years, Optical Investment Group has not only significantly expanded its network of traditional stores, but has also developed e-commerce channels, with a total of over 650 employees.

Optical Investment Group operates through the country's largest optical retail network, comprising 99 directly-operated stores operating under three banners: OPTIblu, Optiplaza and O51.

Francesco Milleri, President and CEO of EssilorLuxottica, said that this acquisition, which further expands the group's retail presence in Central and Eastern Europe, supports our goal of elevating the Romanian market and broadening access to high-quality eye care for the benefit of all our stakeholders.


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