Optician chain Hans Anders may be sold next year | RetailDetail

Optician chain Hans Anders may be sold next year

Optician chain Hans Anders may be sold next year

ING Bank is currently investigating how optician chain Hans Anders can achieve growth in the next few years. Its current owners, both venture capitalists, have not excluded a sale, although an IPO and refinancing plan can also be options.

"Healthy growth"

"We are still in the early stages of the process and all options are still on the table", Hans Anders Netherlands' general manager Remco Boerefijn told business paper FD. He says a decision will only be made next year. "We are not in a hurry. Right now, we are experiencing a healthy growth."

 

Its current owners, venture capital funds Alpha en Alphinvest, want to see how the company's investment plans can be best achieved over the next few years, whether that is through a sale, an IPO or a refinancing plan. "We do not particularly want to expand the number of countries in which we operate, but to grow in our present markets." He did not divulge the countries that will get priority over others.

 

Hans Anders, founded in 1982 in Rotterdam, currently has 390 stores: 250 in the Netherlands and 90 in Belgium according to numbers from 2014. The optician chain also has stores in Sweden and France and expects a 165 - 175 million euro turnover in its current fiscal year, which ends in January 2016.

Questions or comments? Please feel free to contact the editors


EuroCommerce reminds retailers and wholesalers to be ready for GDPR

16/02/2018

(Content provided by EuroCommerce) With 100 days left before the EU’s General Data Protection Regulation (GDPR) comes into force on 25 May, EuroCommerce is reminding all retailers and wholesalers to take the necessary action to be ready and compliant.

Amazon hires 2,000 employees in France

15/02/2018

American internet warehouse Amazon’s French division is looking for 2,000 employees to keep up with its strong growth. Amazon.Fr is not only the most popular web shop in France, but also in Belgium.

Excellent year for Decathlon thanks to strong expansion

15/02/2018

Decathlon passed the 10 billion euro milestone for the first time in 2016. Thanks to a strong international expansion, it now surpassed the 11 billion euro mark.

Generational switch at BIC at a difficult time

15/02/2018

The French specialist in disposable products, Bic, will alter its board: current CEO Bruno Bich will pass on the reins to his 39-year old son Gonzalve who will have to halt the profit drop.

Dieter Struye is Colruyt Group's new general director non-food

13/02/2018

Dieter Struye, former Brico CEO, has joined Colruyt Group on Monday 12 February. He is now the general director non-food and therefore in charge of Dreamland, Dreambaby and ColliShop’s online activities.

Stable first quarter profit for Metro

13/02/2018

German Metro managed to stabilize its first quarter profit compared to last year, despite a setback in Russia. It mainly cut costs in its Real restructuring plan.

Back to top