New Look Vision Group announced that it has completed the acquisition of substantially all of the assets of Miami based Coco Lunette Holding which carries on business principally under the Edward Beiner banner.
Based in Miami, Florida, the Edward Beiner Company has 12 locations across key premium markets in Florida. As previously reported on Optik NOW, its current annualized revenues are $15.5 million CAD and it will continue to operate as a stand-alone unit within New Look Vision.
Antoine Amiel, President and CEO of New Look Vision stated that: “We are pleased to announce the closing of the Edward Beiner Company transaction, following a period of strong cooperative effort by both New Look Vision and Edward Beiner Company management. We are very much looking forward to working with the Edward Beiner Company team to grow our presence in the U.S. retail optical market. This transaction brings our total store network to 394 locations across North America as we proceed to further implement our corporate strategy for growth and development.”
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