EY Abogados represented Fielmann in the transaction.
Fielmann AG executed the acquisition of an 80 per cent equity ownership stake in Óptica & Audiología Universitaria. The acquisition valued approximately €185 million.
Manuel Caballero and Rufo Gómez, founders of Óptica & Audiología Universitaria, retain a 20 per cent equity stake. Long-term option rights have been agreed regarding these shares.
Fielmann AG produces and markets prescription eyeglasses, specialty glasses, sunglasses, contact lenses, and optical supplies. The Company retails its products through Fielmann stores in Europe.
EY Abogados advised Fielmann with a team led by partner, head of Corporate M&A and Private Equity Francisco Aldavero (Picture) and M&A senior manager Carmen Esteban. The Labour team was led by Labour head partner Raúl García, while Tax and Due Diligence advice was provided by Tax partner Sonia Díaz and Transaction Tax manager María González.
Law Firms: EY Law;
Clients: Fielmann AG;