This follows the commitments agreed upon with the European Commission on 23 March 2021, as part of the acquisition of GrandVision by EssilorLuxottica.
GrandVision is a global leader in optical retailing, delivering high quality and affordable eye care such as frames, lenses and contact lenses, distributes through leading optical retail banners operating in more than 40 countries across Europe, the Americas, Middle East and Asia.
Vision Group manages over 300 directly operated and franchised stores across Italy through its national VisionOttica banner and it is one of the largest retail network in the Italian optical market and a retail player under the VisionOttica banner.
The acquisition is in line with the Vision Group strategic development. Since 2014, the Group has been supported by Arcadia SGR, which invested to accelerate the Group’s expansion both organically and through acquisitions.
