EssilorLuxottica has signed an agreement to acquire one of the largest optical companies in Malaysia operating over 90 stores under the A–Look, Seen, and OWL banners.
A-Look was founded in 2003 by Dato Terry Ngeow, with the opening of its inaugural store in Kuala Lumpur, Malaysia. At present, A-Look, Seen, and OWL stores are located across east and west (or Peninsular) Malaysia.
With the acquisition of these omnichannel and multi-branded stores, EssilorLuxottica aims to build on its long-standing position in Malaysia, which comprises retail and wholesale activities, including lens production facilities.
In a statement, Francesco Milleri, Chairman and Chief Executive Officer, and Paul du Saillant, Deputy Chief Executive Officer at EssilorLuxottica, said leveraging the integration of A-Look, Seen, and OWL stores within EssilorLuxottica’s network “will improve our understanding of the Malaysian market, allowing us to better contribute to growing awareness, demand and appreciation for high quality innovative vision care products, eyewear and eye care solutions amongst Malaysian consumers”.
EssilorLuxottica aims to build on its long-standing position in Malaysia, which comprises retail and wholesale activities, including lens production facilities
“Consumers and customers are at the heart of our strategy as we focus on their needs to deliver and improve access to visual care solutions available to all,” they said.
The transaction is expected to close by the end of June 2025 pending customary closing conditions.
