Hogan Lovells advises the banks on the financing of the acquisition of GrandVision by EssilorLuxottica
Paris, 5 September 2019 – Hogan Lovells has advised the banks on the financing of the acquisition of GrandVision by EssilorLuxottica,a global leader in the design, production and distribution of corrective lenses, frames, and sunglasses.
Through this acquisition, EssilorLuxottica will expand its optical retail platform, primarily in Europe, by adding more than 7,200 stores globally, over 37,000 employees and EUR3.7 billion in annual revenue.
The Transaction is subject to various closing conditions, including regulatory approvals and mandatory consultation procedures.
The Hogan Lovells team was led from the Paris office by Michel Quéré (partner) alongside Guergana Zabounova (senior associate) and Adrien Gaudron (associate) on the financing aspects, with Ludovic Geneston (partner) advising on the tax aspects. From the Amsterdam office, the team included Wouter Jongen (partner) on the financing aspects; Anton Louwinger (partner) and Alexander Fortuin (senior associate) on the tax aspects.
Press contacts
Press contacts