OPTIblue and Klarmann to be taken over by Innova Capital

Popovici Niţu Stoica & Asociaţii advised Optical Network, the leading retailer and an important distributor on the Romanian optical market, on its sale to private equity fund Innova Capital.

Optical Network operates as a retailer of a large array of high-quality glasses and eyecare products. The network consists of 55 stores under two banners: OPTIblu that is offering a premium range of products and Klarmann that has a more budget proposition.

PNSA team was led by Deputy Managing Partner Bogdan C. Stoica along with Senior Associate Dragoș Iamandoiu and Associates Ioana Avram and Claudia Salomia.

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Other significant M&A transactions recently advised by PNSA:

• Net Brinel on its takeover by SNEF;
• Dedeman on the acquisition of The Office;
• Voestalpine on the acquisition of the majority stake in Travertec Buzău;
• WDP on the acquisition of Dunca Logistics Centre and CTPark Cluj I;
• Medicover on the acquisition of Phoenix Medical Center;
• Dedeman on the acquisition of The Bridge;
• Medicover on the acquisition of Academica Medical Centers;
• Dedeman on the acquisition of Cemacon and Cemacon Real Estate;
• Oresa Ventures on the sale of Fabryo to AkzoNobel;
• Farmexim and Help Net on their sale to Phoenix;
• Medicover on the acquisition of Pelican Hospital.