(Boursier.com) – EssilorLuxottica , GrandVision and Optic Retail International Group BENE, an entity of MPG Austria (“ORIG / MPG”) have entered into an agreement providing for the acquisition by ORIG / MPG of 142 EyeWish stores in the Netherlands and 35 GrandOptical stores in Belgium. This follows the commitments made to the European Commission on March 23, 2021, as part of the acquisition of GrandVision by EssilorLuxottica.
The agreement between EssilorLuxottica, GrandVision and ORIG / MPG is accompanied by the signing of transition agreements in order to ensure the immediate continuity of the activity of the entities concerned after the finalization of the transaction.
The finalization of the transaction between EssilorLuxottica, GrandVision and ORIG / MPG is subject to the approval of the European Commission, in accordance with the commitment procedure.
The finalization is expected during the 1st quarter of 2022.
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