SCHIOPOL, The Netherlands—GrandVision NV (EURONEXT: GVNV), the major global optical retailer, said on Dec. 1 that it had completed the acquisition of 100 percent of the shares in the U.S. based optical retail chain For Eyes. The proposed deal was announced in October, marking the company’s entry into the U.S. market, as VMail reported.

For Eyes was founded in 1972, employs approximately 1,000 people and operates through a network of 116 owned stores which generated revenue in 2014 of approximately $100 million, GrandVision said.

GrandVision said it will begin to report the newly acquired U.S. business in its Americas and Asia business segment (currently
Latin America and Asia). The company declined further comment to VMail about the future operation or those executives overseeing of For Eyes or about the group’s longer-term intentions in the U.S. market.

GrandVision has over 5,800 stores around the world and is currently present in 43 countries across Europe, Latin America and Asia. The stores operate under 33 local retail banners and include Apollo-Optik in Germany, Pearle in the Netherlands, Belgium and Austria, Eye Wish Opticiens in the Netherlands, Générale d’Optique and GrandOptical in France, Vision Express and Lenstore.co.uk in the United Kingdom and Ópticas Lux and Masvisión in Mexico. GrandVision reported €2.8 billion in revenue in 2014.