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EssilorLuxottica €7.3 billion acquisition of GrandVision

31/7/2019
Acquisition finance, Private acquisition
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€ 7.3 billion

$ 8.1 billion

Announced

31/7/2019

Overview:

  • French-Italian group EssilorLuxottica, the world's largest eyewear company, has agreed to acquire Hal Investments interest in GrandVision for approximately €7.3 billion.
  • The agreement will give EssilorLuxottica 77% ownership of the Dutch eyewear business.

Prin Shasiharan - Researcher

Jurisdictions:

France
Netherlands
United Kingdom

Deal types:

Acquisition finance
Private acquisition

Practice areas:

Banking
M&A

Industry sectors:

Consumer goods and services
Healthcare

Firms:
De Brauw Blackstone Westbroek

Party: ING Bank (Financial adviser)

Herbert Smith Freehills

Party: EssilorLuxottica (Acquirer, Financial adviser)

Lawyer: Louis de Longeaux

NautaDutilh

Party: HAL Investments (Seller)

Lawyer: Stefan Wissing

Stibbe

Party: EssilorLuxottica (Financial adviser)

Lawyer: Björn van der Klip

Sullivan & Cromwell

Party: EssilorLuxottica (Acquirer)

Lawyers: Gauthier Blanluet, Olivier de Vilmorin, Richard Pollack

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