EssilorLuxottica and GrandVision Finalize Sale of Stores to Vision Group in Italy

The world leader in 360-degree lenses, EssilorLuxottica and GrandVision announced on Wednesday that they had completed the sale of shops to Vision Group in Italy.

 

The two companies have finalised the acquisition by Vision Group of the VistaSi brand and its 99 shops in Italy. It is also accompanied by the acquisition by the same group of 75 GrandVision shops in the country.

 

This transaction is in line with the commitments made to the European Commission on March 23, 2021 in connection with the acquisition of GrandVision by EssilorLuxottica. The three companies had already committed to this acquisition in December 2021.

 

In a statement, EssilorLuxottica and GrandVision and Vision Group confirmed Wednesday that the European Commission had approved the sale.

 

 

 

Read also > A REMARKABLE YEAR FOR ESSILORLUXOTICCA

 

Featured photos : © EssilorLuxottica

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The editorial team
Thanks to its extensive knowledge of these sectors, the Luxus + editorial team deciphers for its readers the main economic and technological stakes in fashion, watchmaking, jewelry, gastronomy, perfumes and cosmetics, hotels, and prestigious real estate.

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