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GrandVision nv: GrandVision enters into agreement to acquire U.S. based optical retail chain For Eyes

Schiphol, the Netherlands - 5 October 2015.
GrandVision NV (EURONEXT: GVNV), the global leader in optical retail, has
signed a binding agreement to acquire 100% of the shares in the U.S. based
optical retail chain For Eyes.

For Eyes was founded in 1972, employs approximately 1,000 people and operates
through a network of 116 own stores. These are located mostly in the
metropolitan areas of Chicago, Washington DC and Philadelphia, as well as in
Florida and California. The revenue in 2014 was approx. 100 million USD.

The closing of the transaction, which is subject to customary conditions, is
expected to take place in the fourth quarter of 2015. The financial terms of
this transaction have not been disclosed.

GrandVision Press Release


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: GrandVision nv via Globenewswire


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