M&A Deal Summary

GrandVision Acquires Visilab S.A.

On September 1, 2017, GrandVision acquired retailer Visilab S.A.

Acquisition Highlights
  • This is GrandVision’s 8th transaction in the Retail sector.
  • This is GrandVision’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2017-09-01
Target Visilab S.A.
Sector Retail
Buyer(s) GrandVision
Deal Type Add-on Acquisition

Target

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.

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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 8 of 11
Sector: Retail M&A 8 of 9
Type: Add-on Acquisition M&A Deals 7 of 10
Country: Switzerland M&A 1 of 2
Year: 2017 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-05 For Eyes Optical Co.

Hialeah, Florida, United States

For Eyes Optical Co. Inc. operates through a network of 116 owned stores. These are located mostly in the metropolitan areas of Chicago, Washington DC and Philadelphia, as well as in Florida and California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-04 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.

Buy -