Rodenstock Group bought by Apax Partners

Apax Partners is set to acquire German eyeglass-lens maker Rodenstock Group by the middle of 2021.  

 

The Munich-based Rodenstock has a staff of around 4,900 and sells its products in more than 85 countries. In 2019, the eyewear company enjoyed record sales of €450 million (NZ$754m). 

 

CEO of Rodenstock, Anders Hedegaard, said he was excited his company’s goals of innovation and digitisation would be supported by Apax Partners, which has a demonstrable track record in fostering such ambitions in the MedTech sphere. He added that Rodenstock has emerged from the pandemic in a stronger position than many of its competitors, thanks to its biometric intelligent glasses (BIG Vision), with Rodenstock claiming to be the first manufacturer to tailor its lenses according to patient’s eye size and shape. 

 

The purchase is subject to normal regulatory approvals. 

 

Bottom Banner Advert