EssilorLuxottica and GrandVision Complete Transaction with Vision Group for Sale of Stores in Italy
Wednesday, March 2 2022 | 11 h 04 min | Acquisitions, News, Press Release
EssilorLuxottica, GrandVision and Vision Group, one of the largest distribution networks for Italian opticians and a retail player under the VisionOttica banner, announced that the companies have completed the transaction for Vision Group to acquire the VistaSì chain in Italy, including the brand and all the 99 stores, and 75 GrandVision stores in the country.
This follows the commitments agreed upon with the European Commission on March 23, 2021, as part of the acquisition of GrandVision by EssilorLuxottica. EssilorLuxottica, GrandVision and Vision Group confirm that European Commission has approved the transaction.