Alain Afflelou has a network of nearly 1,100 optical retail stores in France and Spain and a developing presence in Belgium, Switzerland and Portugal
The opportunity to acquire a controlling stake in the quoted optical retailer arose when its founder sought to plan his succession and secure the future development of the group. Investment attractions included Alain Afflelou’s ability to roll out the concept via greenfield start-ups and acquisition of independent opticians as well as its impressive track record of successful commercial and marketing innovations.