Headlines OWP Acquires Flair: Eyewear Company Builds ‘Made in Germany’ Portfolio Flair will operate as an independent subsidiary. Published 8 months ago on May 11, 2020 By INVISION Staff Share Tweet PASSAU/OELDE, GERMANY — Passau-based OWP Brillen GmbH has acquired Dr. Beck GmbH & Co KG and its subsidiary Bexx Brillenmode GmbH & Co KG, which is based in Oelde. The Beck Group, better known under its brand name Flair, will operate as an independent subsidiary under the leadership of Managing Director Sven Reiß. Financial terms of the deal were not disclosed. With the acquisition of the Beck Group, OWP is continuing its growth strategy. The acquisition is “a logical addition,” said Werner Paletschek, managing director of OWP. The development of a premium brand portfolio with a focus on “made in Germany” began in 2015 with the acquisition of op Couture Brillen GmbH and its brand CAZAL, and will now continue with the acquisition of Flair. “The brands FLAIR and bx. eyewear ideally complement our existing portfolio and increase the attractiveness of Optische Werke Passau (OWP) in the independent eyewear segment,” said Paletschek. Advertisement Rainer Beck, former owner of Dr. Eugen Beck GmbH & Co KG, said: “I am pleased to be able to hand over my company to proven hands. Our corporate cultures and product philosophies fit together very well, and this will contribute significantly to our future success.” Related Topics:acquisitionLatest News Top click to Comment(Comment) Up Next TearLab Acquired by Private Equity Firm, Will Get $25M Investment Don't Miss 1-800 Contacts Rolls Out Online Lens Replacement Service INVISION Staff Since launching in 2014, INVISION has won 23 international journalism awards for its publication and website. Contact INVISION's editors at [email protected]. Advertisement SPONSORED VIDEO SPONSORED BY TOPCON HEALTHCARE Perform Refraction from Anywhere with RDx Now more than ever, you need to grow your practice beyond your physical location and deliver quality eye exams from virtually anywhere. Topcon RDx® is an innovative ocular telehealth platform that allows you to connect to your office remotely and conduct comprehensive eye exams, without sacrificing the quality care you provide. You may like 2020 Holiday Sales Grew 8% Despite Pandemic, NRF Reports Ray-Ban® Authentic Eyecare Center Offers Free Laser Surgery for NFL Referee After Controversial Call Promoted Headlines Ray-Ban® Authentic Essilor Get More with Essilor Essilor 360° SUPPORT. 365 DAYS A YEAR. Essilor Advertisement Latest Trending Videos Press Releases19 hours ago 2020 Holiday Sales Grew 8% Despite Pandemic, NRF Reports Sponsored Content1 day ago Ray-Ban® Authentic Headlines3 days ago Eyecare Center Offers Free Laser Surgery for NFL Referee After Controversial Call Press Releases3 days ago ReFocus Eye Health Partners with Eye Center of Southern Connecticut Press Releases6 days ago DrChrono Expands Leadership Team and Celebrates Growth With Appointment of New SVP of Engineering and SVP of Revenue America's Finest 2019 Entries2 weeks ago America’s Finest: Before You Start America's Finest 2019 Entries3 weeks ago America’s Finest: Get Your Contest Entry in Great Shape America's Finest 2019 Entries2 weeks ago America’s Finest: Basic Info and Stats America's Finest 2019 Entries2 weeks ago America’s Finest: You Gotta Stand Out from the Crowd America's Finest 2019 Entries2 weeks ago America’s Finest: Photos Really Are Worth at Least a Thousand Words Sponsored Content1 day ago Ray-Ban® Authentic Sponsored Content7 days ago Get More with Essilor Sponsored Content1 month ago Perform Refraction from Anywhere with RDx Headlines3 months ago Video: Florida Man Invents Robot to Place Contact Lenses Headlines3 months ago Video: Some Retailers Board Up Due to Election Unrest Fears Advertisement SubscribeBULLETINS Get the most important news and business ideas for eyecare professionals every weekday from INVISION. Advertisement Most Popular Photo Gallery1 week ago 12 Images That Show Why Zionsville Eyecare in Zionsville, IN, Was Named One of America’s Finest Optical Retailers Press Releases1 week ago EnChroma Names Vision Industry Veteran Erik Ritchie as CEO Headlines3 days ago Eyecare Center Offers Free Laser Surgery for NFL Referee After Controversial Call Headlines6 days ago Massachusetts ODs Win Right to Treat Glaucoma Sponsored Content7 days ago Get More with Essilor Columns6 days ago 2021 Is a New Year… Let’s Make Your Marketing New, Too! Press Releases1 week ago Eco Helps Trees for the Future Reach 200M Trees Sponsored Content1 week ago 360° SUPPORT. 365 DAYS A YEAR.