Fielmann Group AG to acquire Shopko Optical, expanding its presence in the US eyecare market
Acquiring Company
Fielmann Group
Acquired Company
Shopko Optical
Green BayFashionRetailFashionRetailDescription
Fielmann Group AG, a leading global eyewear provider, has entered into a definitive agreement through its US subsidiary, Fielmann USA, to acquire 100% equity ownership in Shopko Optical. This strategic acquisition marks a significant milestone in Fielmann's Vision 2025 growth strategy to redefine the eyecare and eyewear experience for US consumers, particularly in the Midwest region.
Quick answer
Fielmann Group is acquiring Shopko Optical, announced June 10, 2024.
- How much did Fielmann Group pay for Shopko Optical?
- The deal value was not disclosed.
- What does Fielmann Group do?
- Fielmann Group is a leading global eyewear provider with a long history of empowering customers with trusted and innovative eyecare solutions.
- Where are Fielmann Group and Shopko Optical based?
- Shopko Optical is based in Green Bay, Wisconsin, United States.
- Who are the decision-makers at Fielmann Group?
- Fundz holds 1 contact at Fielmann Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- HBC, the owner of Saks Fifth Avenue, acquires Neiman Marcus, creating a luxury retail giant (July 4, 2024)
- REVOLVE Group, Inc. acquires majority stake in Alexandre Vauthier to enhance fashion offerings (June 25, 2024)
- FullBeauty Brands to Acquire Avenue Stores, Expanding Market Presence in Women’s Plus-Size Sector (June 18, 2024)
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Frequently asked
Who acquired Shopko Optical?
Shopko Optical was acquired by Fielmann Group. The deal was reported on June 10, 2024. Fielmann Group is a leading global eyewear provider with a long history of empowering customers with trusted and innovative eyecare solutions. Fielmann Group is privately held and operates in Fashion.
When did Fielmann Group acquire Shopko Optical?
Fielmann Group's acquisition of Shopko Optical was reported on June 10, 2024. Fielmann Group AG, a leading global eyewear provider, has entered into a definitive agreement through its US subsidiary, Fielmann USA, to acquire 100% equity ownership in Shopko Optical. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Shopko Optical do?
Shopko Optical is an optical retailer operating more than 140 stores across 13 U.S. states. It is privately held, operating in Fashion, and is based in Green Bay.
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