GrandVision

GrandVision is the global leader in optical retail, delivering high quality and affordable eye care to its customers through more than 5,600 stores in 43 countries around the world.

  • GrandVision floated on Euronext Amsterdam with an initial market cap of €5bn
  • Base deal size of the IPO was just over €1bn
  • HAL initiated the IPO to sell 20% of its shares (base deal) but will remain a long-term shareholder in GrandVision
  • Kempen & Co acted as Co-Lead Manager and was the only non-lending bank in a syndicate of nine banks