New Look Eyewear closes acquisition of Greiche & Scaff
New Look Eyewear Inc (TSX: BCI) recently completed its previously announced purchase of certain optical and other business assets of Optic Direct Inc, which operates under the banner Greiche & Scaff in Québec. The acquisition price was $17.75 million paid in cash plus assumed liabilities. A retailer of prescription eyewear, Greiche & Scaff was bought by Canadian mid-market private equity firm Perseis Partners in 2003. The Québec City-based New Look is a provider of eye care products and related services.
27 October 2014•3 mins read
