MAGRABi Retail Group and Rivoli Vision Merge to Create a Middle East Eyewear Retail Enterprise

MAGRABi Retail Group to Acquire Kefan Optics Company

May 19, 2025

Retail

MAGRABi Retail Group announced a proposed acquisition of 100% of Kefan Optics Company KSCC, one of Kuwait’s largest eyewear retailers. The deal will expand MAGRABi’s Kuwait footprint by adding 37 Kefan stores and integrating Kefan operations and customer experience into MAGRABi while maintaining the Kefan brand.

EssilorLuxottica Acquires Optical Investment Group (Romania)

July 30, 2024

Retail

EssilorLuxottica has agreed to acquire the entire share capital of Optical Investment Group (OIG), Romania’s leading optical retailer, from Innova/6 (an Innova Capital fund) and a group of individual minority shareholders. OIG operates 99 stores under the OPTIblu, Optiplaza and O51 banners, with over 650 employees; the transaction is expected to close in Q4 2024 subject to regulatory approvals.

New Look Vision Group Acquires Luxury Optical Holdings

December 1, 2021

Healthcare Services

New Look Vision Group entered into a definitive agreement to acquire Luxury Optical Holdings (LOH), a New York–based luxury optical retailer with 34 locations. The deal expands New Look Vision Group’s U.S. footprint and continues growth in both retail/wholesale and product development, with LOH planned to operate as a separate stand-alone business unit under Tim Mayhew.

Beverly Capital Acquires The Eye Health Group

February 12, 2021

Healthcare Services

Los Angeles-based private equity firm Beverly Capital has acquired The Eye Health Group, a New Jersey-based optometric service provider. Everside Capital Partners and Merion Investment Partners provided subordinated debt and equity support for the transaction; the seller will remain invested and management will continue to operate the business as the investors pursue a roll-up strategy across the Northeast.

EssilorLuxottica to Acquire Optegra Eye Clinics from MidEuropa

May 30, 2025

Healthcare Services

EssilorLuxottica has agreed to acquire Optegra, a European ophthalmology platform operating over 70 eye hospitals and diagnostic facilities across the UK, Czech Republic, Poland, Slovakia, and the Netherlands. The deal follows Optegra’s expansion under MidEuropa’s ownership and is expected to close later in 2025, pending regulatory approvals and customary closing conditions.

MadaLuxe Group Acquires Majority Stake in IPPOLITA

December 18, 2025

Retail

MadaLuxe Group has acquired a majority stake in IPPOLITA, the New York–based fine jewelry house founded by Ippolita Rostagno. The founder will remain as Chief Creative Officer as MadaLuxe looks to leverage its global luxury infrastructure to support IPPOLITA's growth across key markets; financial terms were not disclosed.