Fielmann takes over Slovenian optician Clarus
Hamburg — MDAX-listed Fielmann AG, Hamburg, is acquiring 70% of the shares in the Slovenian optician chain Optika Clarus. Network Corporate Finance exclusively advised Fielmann AG on the transaction.
The acquisition opens up Fielmann’s 14th European market. Optika Clarus operates 26 specialist optical stores in Slovenia and is the undisputed market leader with a sales market share of 30%. Within the Fielmann Group, Slovenia is the country with the highest purchasing power east of the core markets (GDP per capita: more than 22,000 euros). The acquisition is part of Fielmann’s expansion strategy, which aims to expand into four additional markets by 2025 through organic growth and acquisitions.
About Fielmann
Fielmann is the market leader in the Central European opticians’ market and operates 742 branches in 14 European countries. 24 million people wear glasses from Fielmann; in Germany, the listed family company sells every second pair of glasses. Fielmann covers all levels of the value chain in ophthalmic optics, is a designer, manufacturer and optician.
AboutNetwork Corporate Finance
Network Corporate Finance is an independent, owner-managed advisory firm focused on mergers and acquisitions, capital markets transactions and equity and debt financing. Our core competencies lie in the structuring and execution of complex corporate transactions — national and international — such as company sales to strategic investors and financial investors, IPOs or structured corporate financing. We advise both established and young companies in a wide range of industries.
With our team of 28 employees, we have been able to establish ourselves as one of the most successful independent corporate finance consulting firms in Germany since our founding in 2002. www.ncf.de