December 27, 2012 - Assignment

Prescription Eyewear acquires LensOn

Prescription Eyewear Ltd has acquired LensOn AB, the Nordic region’s leading online retailer of contact lenses.

Prescription Eyewear Ltd., the parent company of MyOptique.com, SunglassesShop.com and GlassesDirect.com, is Europe’s leading online retailer of optical products. LensOn has local language sites across Sweden, Norway, Finland, Denmark, the Netherlands, Germany, France and the UK. On a consolidated basis, the two companies will have a turnover of approximately GBP 30 million in 2012, with approximately 140 employees in the UK and Sweden.

Prescription Eyewear Ltd was advised by Mannheimer Swartling on Swedish law in the transaction. The firm’s team was led by Lucas Jonsson, primarily assisted by Rickard Fredén.