OTS - Fielmann drives international expansion, enters Slovenian market
2019. August 14. 11:09
Hamburg, 14. August 2019., (APA/OTS) - Acquisition of Slovenian
market leader Optika Clarus part of Vision 2025 - Fielmann AG
acquires a 70% equity ownership stake in Optika Clarus, thereby
adding the 14th European market in which the Group operates stores.
The transaction is effective as of September 1, 2019. Both parties
agreed to keep the financial terms of the transaction confidential.
With 26 optical stores and a unit market share of 30% Optika
Clarus is the undisputed market leader in Slovenia. Within the
Fielmann Group Slovenia is the country with the highest purchasing
power (GDP per capita: 22.000 EUR) east of the Group's Core Markets.
"Fielmann shapes the optical industry in Europe to the benefit
of customers. With Optika Clarus we not only invest in the
Slovenian market leader but also in a strictly customer-oriented
business. With fashionable eyewear at the best prices, outstanding
service and our digital capabilities we will transform the market
to the benefit of Slovenian customers. In the long-term we plan to
sell more than 100.000 glasses in Slovenia. This is a decisive step
in our internationalisation as defined in the Vision 2025", says
Marc Fielmann, CEO of Fielmann AG. "Until 2025 Fielmann is going to
enter another four new markets through organic expansion and
acquisitions."
Tihomir Krstič, founder of Optika Clarus, retains a 30% equity
stake and remains involved in the business: "The digitisation and
the internationalisation are the two key developments affecting our
industry. With Fielmann Optika Clarus not only gains access to an
international supply chain and a superior omnichannel business
model but also wins a family business with values as a strategic
partner. I am looking forward to growing Optika Clarus' market
leadership in Slovenia together with Fielmann." In 2019 Optika
Clarus plans to open two new stores in Slovenia. In the mid-term
the company plans to operate more than 30 stores across Slovenia.
About Fielmann AG
Fielmann stands for fashionable eyewear at fair prices. The
stock-listed family business operates 742 stores, serves more than
24 million customers across 14 countries. In Germany the company
sells every second pair. Fielmann covers the whole value chain of
the optical industry, is designer, manufacturer and optical
retailer.
About Optika Clarus
In 1989 Tihomir Krstič founded his first optical store with a
special focus on children. Through fashionable, high-quality
eyewear Optika Clarus became the market leader in Slovenia. Today
Optika Clarus delivers services at the highest level to 250,000
customers in 26 stores across Slovenia.
Further information:
Ulrike Abratis, Head of Communications & PR, Telephone: +49
40/270 76 - 457
Ulrich Brockmann, Head of Investor Relations, Telephone: +49
40/270 76 - 442
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