Overview

Nexeye is a market leading omni-channel platform in value-for-money optics in North-West Europe. The company operates more than 700 stores under the Hans Anders, eyes + more and Direkt Optik retail banners, and offers a range of private label and branded spectacles, hearing aids, contact lenses and sunglasses at average price points significantly below its major competitors.

Highlights

• Leading and fast-growing omni-channel optical retail platform that is exclusively focused on the growing value-for-money segment
• Acquired eyes + more in January 2019, expanding nexeye's European footprint to five countries
• Benefits from long-term, macro growth dynamics including an aging population and an increasing consumer focus on value-for-money
• Fragmented European optical retail market presents significant opportunities for growth
• Strengthened omnichannel position led to an increase of >100% of shop appointments made online, delivering a more valuable experience in-store, with zero waiting time, and better aligned staff planning

Regulatory information 
This transaction involved a recommendation of 3i Investments plc, advised by 3i Benelux.