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  5. EssilorLuxottica Acquires VisionDirect.co.uk

M&A Deal Summary

EssilorLuxottica Acquires VisionDirect.co.uk

On February 23, 2016, EssilorLuxottica acquired retailer VisionDirect.co.uk from Getoptics

Acquisition Highlights
  • This is EssilorLuxottica’s 1st transaction in the Retail sector.
  • This is EssilorLuxottica’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2016-02-23
Target VisionDirect.co.uk
Sector Retail
Buyer(s) EssilorLuxottica
Sellers(s) Getoptics
Deal Type Divestiture

Target

VisionDirect.co.uk

London, United Kingdom
Vision Direct sells contact lenses and prescription glasses online in Europe. The company offers a huge selection of contact lenses from all the leading suppliers at extremely compelling prices from its base in the Netherlands.

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Buyer(S) 1

Buyer

EssilorLuxottica

Paris, France
Category Company
Founded 1849
Sector Consumer Products
Employees200,076
Revenue 26.5B EUR (2024)
DESCRIPTION

EssilorLuxottica is a provider of vision solutions and design to manufacture, the group develops a wide range of lenses to correct and protect eyesight. EssilorLuxottica was founded in 1849 and is based in Paris, France.

DEAL STATS #
Overall 48 of 64
Sector: Retail M&A 1 of 2
Type: Divestiture M&A Deals 1 of 2
Country: United Kingdom M&A 1 of 3
Year: 2016 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-08 ECP Spain

Spain

ECP the distribution platform of CECOP, a group purchasing organization comprising around 800 domestic optical stores as well as operations in Italy,Portugal and the United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-16 MyOptique Group

London, United Kingdom

MyOptique Group Ltd. is an online optical segment with a full offering covering all three major segments in the eyewear market prescription glasses, contact lenses and sunglasses via its Glasses Direct, Sunglasses Shop, LensOn and MyOptique websites.

Buy -

Seller(S) 1

SELLER

Getoptics

Nether Poppleton, United Kingdom
Category Company
Founded 2008
Sector Retail
DESCRIPTION

Getoptics is an online retailer of contact lenses in the UK. Getoptics was founded in 2008 and is based in Nether Poppleton, United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-13 VisionDirect.co.uk

London, United Kingdom

Vision Direct sells contact lenses and prescription glasses online in Europe. The company offers a huge selection of contact lenses from all the leading suppliers at extremely compelling prices from its base in the Netherlands.

Buy -
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