Ross Brownlee, CEO of Hilco.
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PLAINVILLE, Mass.—Hilco Vision said earlier this week it had made two acquisitions, including Germany’s Breitfeld & Schliekert GmbH (B&S) and Lexxoo International GmbH. The transactions, the financial details of which were undisclosed, represent the first add-on acquisitions for Hilco Vision since Blue Point Capital Partners acquired Hilco in May 2014.

Ross Brownlee, CEO of Hilco, said, “Hilco Vision has enjoyed a strong presence and reputation in the United States and United Kingdom for many years. The same is true of B&S and Lexxoo in Germany and many parts of continental Europe. Both parties share a common purpose to bring innovative solutions with exceptional quality to support our customers. Through this acquisition, we seek to further enhance those solutions and extend our reach to customers globally.”

B&S is a Germany-based distributor of optical and optometric tools, equipment, supplies and accessories. Operating for over 85 years, B&S offers approximately 30,000 products to major optical chains, independent eyecare offices and optical labs across Europe. With over 9,500 active customers, B&S is the largest provider of optical products in Germany.

Lexxoo, also based in Germany, supplies sunglasses, reading aids, contact lenses and related products to large retailers, including convenience and drug stores, throughout the country.

“Hilco Vision has long admired B&S and valued its strategic and cultural fit,” said John LeMay, a partner with Blue Point. “The collaboration of these respected market leaders will strengthen the comprehensive product offering and market responsiveness of the combined organization in bringing smart optical solutions to customers. With the addition of B&S and Lexxoo, Hilco continues its growth to become a truly international vision care solutions provider.”

Dominik Finkeldei, president of B&S, added, “B&S will remain a quality-driven, passionate supplier to our customers. We see the combination of our companies strengthening our offer of professional products and consumer goods to existing and new markets in the very near future.”

Hilco Vision is a leading designer, manufacturer and distributor of eyewear and eyecare accessories, supplies and equipment. Headquartered here with additional operations in North America, Europe and Australia, Hilco supplies over 20,000 products in a broad range of categories to more than 25,000 customers globally. Blue Point Capital Partners is a private equity firm managing over $800 million in committed capital.

As VMail has previously reported Brownlee was named CEO of Hilco in June, when the company announced the retirement of former CEO, Bob Nahmias.