News

Valli acquires AH Mertons

Independents
Independent chain Valli Holdings has acquired AH Mertons’ seven practices in the North West for an undisclosed amount

AH Mertons with ValliIndependent chain Valli Holdings has acquired AH Mertons’ seven practices in the North West for an undisclosed amount.

The acquisition doubled the Kirklees-based group’s number of stores and trebled its turnover and staff, a statement said.

Moin Valli, owner of The Valli Group, said: ‘I was not looking to acquire any more practices this year having added Hull and Hebden Bridge to the portfolio in 2015. The ambition had been to acquire one a year, but when I heard of the opportunity it was too good not to investigate.

‘Malcolm [Jones] was keen to sell his business to someone who understood the AH Mertons ethos and it became clear as negotiations progressed that there was much synergy.

Register now to continue reading

Thank you for visiting Optician Online. Register now to access up to 10 news and opinion articles a month.

Register

Already have an account? Sign in here