Oticas Carol news and archive

Luxottica finalises acquisition of 100 percent of Óticas Carol

The Italian group of high-end glasses has completed the acquisition of the Brazilian company, paying a total of 110 million euros for the totality of Óticas Carol’s capital. The Italian group, owner of brands such as Oakley and Ray-Ban, began the acquisition process of the Brazilian firm last January. The operation was closed last week. Óticas...

Business

Luxottica acquires Óticas Carol in Brazil

Italian eyewear group Luxottica is expanding its presence in the optical franchise business with around 950 stores after agreeing to buy Brazilian optical chain Oticas Carol in an 110 million euro deal. The acquisition will expand the eyewear group’s retail footprint in the South American country, marking Luxottica’s entry into the optical...