Since July 2021, EssilorLuxottica has acquired almost 100% of the outstanding shares of our client GrandVision, a global leader in optical retails. In this sense Our Firm has advised in the analysis, implication, and tax impact that the indirect transfers of the two Peruvian vehicles can produce in Peru, as well as the contingencies antitrust for the transaction between two great leaders of optical products (GrandVision and EssilorLuxottica).
Taking in account this is a huge move from two of the worldwide optical retail market leaders, our participation in the implementation of this deal has been very useful taking in account our knowledge of the business and experience in identifying any potential action to be implemented in the two Peruvian vehicles of Grandvision according to Peruvian regulations.
