Eyewear retailer expanding to Western Canada

By

Jennifer Braun

Published
Dec 15, 2016

Canadian eyewear retailer New Look Vision Group Inc. announced on Tuesday the completed acquisition of the retail optical assets and business forming part of Visions One Hour Optical Ltd.
 
The acquisition will allow New Look Vision to enter the market in Western Canada where they will operate principally under the Visions Optical banner at 10 retail locations across British Columbia.
 

"With this acquisition completed, New Look Vision establishes its presence in Canada's third most populated province, and continues its expansion across Canada,” says Antoine Amiel, President and Director of New Look Vision, in a news statement.
 
The acquisition was first announced in October. The purchase price was $6.6 million

New Look Vision is a leader in the eye care industry in Eastern Canada. It has a network of 221 corporate stores mainly under the New Look Eyewear, Vogue Optical and Greiche & Scaff banners. The company was founded in 1986.