2.4 billion euro
HAL is now “investigating strategic alternatives” for Grandvision, which include a possible IPO. Further information will be revealed at the presentation of HAL’s half-year financial results on 28 August.
Grandvision, with GrandOptical as a subsidiary, has opticians in 39 countries worldwide, spread across Europe, Asia, the Middle East and Latin America. The company managed a 2.4 billion euro turnover in 2013, from 4,300 stores.
Pearle, founded in 1961 in the United States, has 195 stores in Belgium and is the clear market leader with 2 million customers. In the entire Benelux, the chain has 750 stores.
