MAGRABi Retail Group to Acquire Kefan Optics Company
May 19, 2025
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.
- Buyers
- MAGRABi Retail Group
- Targets
- Kefan Optics Company KSCC
- Industry
- Retail
- Location
- Kuwait
- Transaction Type
- Buyout
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