Feb 2015
grandvision
Co-lead Manager
€ 1 billion
Initial Public Offering

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