I NEED YOU The Frame Company has been acquired by The Hilsinger Company
November 2020 — The owners of I NEED YOU The Frame Company GmbH have sold the company to The Hilsinger Company Inc.
I NEED YOU is a small-sized designer of reading and sunglasses. The products are designed in Hamburg but produced in Asia by independent factories. The company mainly sells its glasses under its own brand, but also some under private label through numerous local opticians and optician chains. With the cost of glasses ranging between US$15 and US$100, I NEED YOU focuses on its flashy designs and is considered a niche player between low-priced reading glasses and high-end designer products.
Founded in 1981 and headquartered in the USA, The Hilsinger Company, dba Hilco Vision, is an industry-leading global eyewear and eye care company that delivers comprehensive solutions to customers. With subsidiaries in New Zealand, Mexico, Great Britain, Germany, Australia, China and the Netherlands, the company’s product range covers five categories: workshop equipment, ophthalmic devices and accessories, eye protection, consumables and eyeglass care products.
Our role in the transaction
Oaklins’ team in Germany advised the private shareholders throughout the sale process.
Talk to the deal team
Related deals
Cibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreGroGlass has been acquired by Apogee Enterprises
Apogee Enterprises, Inc. (Nasdaq: APOG), a leading US provider of architectural building products, services and high-performance coated materials, has acquired GroGlass, a Latvia-based developer and manufacturer of high-performance anti-reflective and UV-protective glass coatings. The acquisition brings GroGlass’ differentiated coating technologies and materials science expertise into Apogee’s performance surfaces segment, broadening its product offering and market reach while expanding its manufacturing and R&D presence in Europe.
Learn moreNextalia has acquired a majority stake in Witapp
Nextalia SGR S.p.A. has acquired a majority stake in Witapp S.r.l., an Italian company specializing in software development for the digitization of healthcare infrastructure. The acquisition strengthens Nextalia’s track record in technology companies serving the public sector and supports its strategy of investing in businesses operating at the intersection of healthcare digitization and the modernization of public services.
Learn more