Fielmann AG : External growth in the US continues
>A second acquisition in the US with Shopko optical bought for $ 290m - As might have been expected given recent comments made by its CEO, Fielmann has decided to continue to grow by acquisition in the US, yesterday announcing a second acquisition after SVS and a digital retail activity last year. This is happening a bit more quickly than we expected, though: the group has come to an agreement to buy Shopko Optical based in Green Bay, Wisconsin consisting of a networ...Fielmann is an eyewear manufacturing group based in Germany. Co. is predominately active in the optical industry and operates across every level: as manufacturer, agent and optician. Co. is involved in the operation of and investment in opticians' shops, hearing aid companies and the manufacture of and trade in visual aids and other optical products, in particular spectacles, spectacle frames and lenses, sunglasses, contact lenses, related articles and accessories, freely traded merchandise not subject to licensing of all kinds as well as hearing aids and related accessories. Co. markets its products in Germany, Switzerland, Austria, Belarus, Ukraine, Poland, Netherlands, and Luxembourg.
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