Eyewear brand Cambridge Spectacle Co has completed the acquisition of Birmingham-based independent optical practice Glimpse Opticians.
The acquisition marked the beginning of expansion plans for Cambridge Spectacle Co with Glimpse’s central location in the city and professional clientele appealing to the eyewear brand.
Ahmed Ejaz, founder and CEO of Cambridge Spectacle Co, said: ‘We’ve had an eye on Glimpse for some time now and we are delighted to bring it into our family and be able to offer the city’s community a new experience with our frames.
Already, customers have responded so positively to our designs. We now plan to add online booking capabilities and increase the digital marketing presence.’
Ejaz told Optician that a third practice would open in London soon, following completion of the contract to acquire it. ‘In the next twelve months to few years, we will seek out both existing practices and also, new lease sites where we believe there is scope for growth,’ he added.
Ejaz added that the Cambridge Spectacle Co branding would be added to these acquisitions and that he wanted to offer the UK market something akin to the Warby Parker business model. ‘We have to grow fast. I don’t believe there is any other way and our investors back that ethos and vision,’ he said.
