M&A Deal Summary

GrandVision Acquires Tesco Opticians

On December 4, 2017, GrandVision acquired e-commerce company Tesco Opticians

Acquisition Highlights
  • This is GrandVision’s 1st transaction in the E-Commerce sector.
  • This is GrandVision’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2017-12-04
Target Tesco Opticians
Sector E-Commerce
Buyer(s) GrandVision
Deal Type Add-on Acquisition

Target

Tesco Opticians

Altrincham, United Kingdom
Tesco Opticians is an online platform that offers contact lenses, prescription glasses and sunglasses. Tesco Opticians was established in 1999 and is based in Altrincham, UK.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

GrandVision

Schiphol, Netherlands

Category Company
Founded 1891
Sector Retail
Employees32,609
Revenue 3.5B EUR (2020)
DESCRIPTION

GrandVision is a provider in optical retailing and delivers high quality and affordable eye care to more and more customers around the world. GrandVision includes a wide range of services provided by its vision experts, prescription glasses including frames and lenses, contact lenses and contact lens care products, and sunglasses both plain and with prescription lenses. GrandVision was incorporated in 1891 and is based in Schiphol, the Netherlands.


DEAL STATS #
Overall 9 of 11
Sector (E-Commerce) 1 of 2
Type (Add-on Acquisition) 8 of 10
Country (United Kingdom) 1 of 1
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-01 Visilab S.A.

Meyrin, Switzerland

Visilab S.A. is a retailer of optical products including eyeglasses, sunglasses, lenses and accessories. Visilab S.A. was established in 1988 and is based in Meyrin, Switzerland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-28 Charlie Temple Europe BV

Delft, Netherlands

Charlie Temple Europe BV is an online spectacles retailer. Charlie Temple business model focuses on offering quality spectacles with single vision and multifocal lenses at competitive prices and next-day delivery. Charlie Temple Europe BV was founded in 2016 and is based in Delft, Netherlands.

Buy -