FYidoctors acquires trendy Canadian eyewear label BonLook
Montreal-based trendy eyewear brand BonLook has been acquired by Canadian healthcare organization FYidoctors.
The acquisition is expected to boost the FYidoctors portfolio with new opportunities to expand the brand nationally and beyond. Terms of the transaction were not disclosed. BonLook's leadership team will continue in their current roles, with the added benefit of FYidoctors' team at-large offering support as required.
Founded in 2011 by Sophie Boulanger and Louis-Félix Boulanger, BonLook has been a pioneer in the online sale of branded prescription eyewear in Canada. It currently boasts 36 stores across five Canadian provinces and is well recognized for its unique technology-driven approach in the field of optics, as well as for its stylish frames, quality lenses and accessible prices.
"We are thrilled to be joining the FYidoctors organization," said Sophie Boulanger. "We saw an immediate upside for our brand and company when we analyzed synergies between our organizations. BonLook's entry into the FYidoctors family will provide the company and its employees with new strategic opportunities in this high growth market. Becoming a part of the FYi team ushers in a new chapter for us and it brings exciting growth, access to resources, and the opportunity to learn from their award-winning culture.”
FYidoctors, which started in 2008, now has more than 300 stores. The addition of BonLook to its portfolio strengthens its positions in retail, manufacturing and optometry.
"We are delighted to welcome the BonLook team to FYidoctors," said Dr. Alan Ulsifer, chair and CEO of FYidoctors. "BonLook strengthens our overall portfolio with a brand that stands apart with a modern consumer offering. We're here to support BonLook's growth and to continue offering unparalleled service to existing and new customers while creating business conditions for even more innovation to offer more quality products and superior services.”
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