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Etnia Barcelona Acquires Eyewear Maker Lool

Lool ‘boasts a technological spirit and specializes in lightweight eyewear.’

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Etnia Barcelona has agreed to acquire Barcelona-based eyewear brand Lool Eyewear.

Financial terms of the deal were not disclosed.

More from Etnia Barcelona’s press release:

In this way, the company reaffirms its growth strategy for the optical eyewear market, growing its portfolio with an eyewear brand that boasts a technological spirit and specialises in lightweight eyewear, while also offering great potential in the field of sustainability.

With this new acquisition, Etnia Barcelona has consolidated its position as a company focused on the optical eyewear market, with the development of both its own brands and the integration of other independent brands.

The firm is enjoying a period of growth and anticipates closing 2021 with global billing of 80 million Euro, that is, growth of 20% with respect to 2019, and 42% growth with respect to 2020.

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