International Eyewear has been acquired by German eyewear manufacturer Eschenbach for an undisclosed sum, Optician has learnt.
The purchase of International Eyewear, which claims to supply eyewear, sunglasses and other optical products to around 90 per cent of independent opticians, will allow the Nuremburg-based company which has Barclays Private Equity as its main shareholder, access to the 'attractive UK market'.
'Up to now we lacked a strong presence in this important market in Great Britain. We plan to continue this buy and build strategy together with our partner Barclays Private Equity,' said Dr Wolfgang Rebstock, chairman of the management board at Eschenbach.
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