MyOptique snaps up luxury web retailer

Online eyewear and contact lens group MyOptique has acquired premium UK online eyewear business Eyewearbrands.com for an undisclosed amount.

The acquisition saw the firm move further into the luxury eyewear, a statement said. Eyewearbrands sells 75 designer labels including Dior, Oliver Peoples and Miu Miu.

The web retail group has also announced acquiring German eyewear business 4Care, which sells prescription glasses, contact lenses and sunglasses through its website Lensbest.de. The deal included wholesale operation Acumed and the brands Lennox Eyewear and Lenscare.

The new acquisitions join Glasses Direct, Sunglasses Shop, LensOn, MyOptique and Netzoptiker in the group’s retail brand portfolio, and were financed by existing investors who were joined in this round totalling €28m (£20m) by Harbert European Growth Capital and Amery Capital.