Buchmann Optical Holding, parent company of Buchmann UK, is set to merge its equipment business units with INDO Internacional, a Spanish optical company.
Buchmann Optical Holding, parent company of Buchmann UK, is set to merge its equipment business units with INDO Internacional, a Spanish optical company.
Subject to conditions, the companies will merge with INDO taking over Buchmann Holding by 2011.
For INDO, the merger will provide distribution in key European markets supporting its position in South America, Spain and Portugal.
Buchmann’s CEO Jacky Buchmann said of the merger: ‘This move will strengthen our position and enable us to invest more in the service that we provide to our customers.’