Event
European review of EssilorLuxottica’s purchase of GrandVision (2021)
The European Commission cleared the purchase on 23 March 2021 on conditions, including the sale of around 350 optical stores.
- Dates
- 23 Mar 2021
- The Frame20 scenes
- How are European review of EssilorLuxottica’s purchase of GrandVision (2021) and … connected?
Connections 3
involved
- European Commission cleared the purchase on conditions Primary record 1
- EssilorLuxottica buyer Primary record 1
- GrandVision company bought Scholarship & press 2
Timeline 1 date
- 23 Mar 2021 European review of EssilorLuxottica’s purchase of GrandVision (2021)
Proof 2 sources
-
Commission clears acquisition of GrandVision by EssilorLuxottica, subject to conditions, European Commission, 23 Mar 2021.
Primary record
The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of GrandVision by EssilorLuxottica.
The approval is conditional on full compliance with commitments offered by EssilorLuxottica.
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European Commission clears EssilorLuxottica’s acquisition of GrandVision, Optometry Today (Association of Optometrists), 26 Mar 2021.
Scholarship & press
The approval is conditional on the divestment of some of EssilorLuxottica’s optical retail businesses in Belgium, the Netherlands and Italy – totalling around 350 stores – to address competition concerns in the optical retail market.
Page history 1 change
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