Information on the buyer
The stock-listed family business Fielmann AG operates its own studios, production facilities and about 900 stores across 15 European countries. Its main products are eyewear, contact lenses and hearing aids.
Information on the seller
Founded in 1992, Óptica Universitaria is one of the leading optical businesses in Spain and soon became one of the largest 3 chains in the country. In 2019, Óptica Universitaria generated sales of 100 million EUR.
Rationale for the transaction
International expansion of Fielmann AG as part of the long-term growth strategy.
Advisor to the buyer.