Add-on Acquisition • Retail

Luxottica Group Acquires Inveroptic S.A.U.

On May 16, 2014, Luxottica Group acquired retailer Inveroptic S.A.U.

Acquisition Context
  • This is Luxottica Group’s 5th transaction in the Retail sector.
  • This is Luxottica Group’s 1st transaction in Spain.

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M&A Deal Summary

Date May 16, 2014
Target Inveroptic S.A.U.
Sector Retail
Buyer(s) Luxottica Group
Deal Type Add-on Acquisition

Target Company

Inveroptic S.A.U.

Barcelona, Spain
Inveroptic S.A.U. is a “sun” eyewear segment, operates a network of 10 stores under the Cottet Sol retail brand.
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Buyer Overview 1

Buyer

Luxottica Group

Milan, Italy

Category Company
Founded 1961
Sector Consumer Products
Employees79,000
Revenue 8.8B EUR (2015)
DESCRIPTION
Luxottica's North American headquarters in Mason, Ohio.
Luxottica's North American headquarters in Mason, Ohio.

Luxottica is a global producer, distributor, and retailer of sun and prescription eyewear. Luxottica Group S.p.A. was formed in 1961 and is based in Milan, Italy.


Deal Context for Buyer #
Overall 10 of 13
Sector: Retail 5 of 6
Type: Add-on Acquisition 8 of 10
Country: Spain 1 of 1
Year: 2014 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-02 Alain Mikli International SA

Paris, France

Alain Mikli produces sophisticated and subtly off-beat eyewear and sunglasses.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-30 Óticas Carol S.A.

Sorocaba, Brazil

Óticas Carol S.A. is an optical franchisors in Brazil. Óticas Carol sells a broad range of prescription frames and sunglasses.

Buy €110M

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