Connect with us

Press Releases

Retail Optical Chain Acquired




The chain has 10 locations.

(Press Release) MONTRÉAL, QUÉBEC – New Look Vision Group Inc. (TSX: BCI) announced that it has completed its acquisition of the retail optical assets and business forming part of Visions One Hour Optical Ltd.

Visions One Hour Optical operates principally under the Visions Optical banner in communities across British Columbia at 10 retail locations. As previously announced, the purchase price was $6.6 million subject to customary adjustments.

The deal was financed by New Look Vision from its current banking facilities.

Antoine Amiel, president and director of New Look Vision, stated: “With this acquisition completed, New Look Vision establishes its presence in Canada’s third most populated province, and continues its expansion across Canada.”


As of Nov. 30, New Look Vision had 13,564,878 Class A common shares issued and outstanding.

In eastern Canada, New Look Vision operates a network of 221 corporate stores mainly under the New Look Eyewear, Vogue Optical and Greiche & Scaff banners, along with laboratory facilities.



The Best Overall Progressive Lens, Now Powered by AI

Engineered with Behavioral Artificial Intelligence and utilizing new XR-motion™ technology, Varilux XR series goes beyond prescription and eye physiology to consider the patient’s visual behavior and design a progressive lens that respects how
their eyes naturally move.

Varilux XR series comes in two versions, Varilux® XR design and Varilux® XR track. The Varilux XR track lens provides an additional level of personalization by incorporating the exclusive Near Vision Behavior Measurement, providing up to 25% more near vision width3 according to the patient’s need, so patients get the highest level of customization.

Discover Varilux XR series and enjoy instantly sharp vision in motion4 and seamless transitions from near to far.

For more information, visit here.

Promoted Headlines





Get the most important news and business ideas for eyecare professionals every weekday from INVISION.



Most Popular