Hal Holding buys majority stake in Fotex
Hal boosted its stake to 99% in Paris-based optical retailer, Pearle Europe, in January. The company in 2004 completed an initial purchase of French eyeglass retailer, GrandVision SA. Fotex-Ofotert has 102 stores in Hungary, 16 stores in Poland and 12 stores in the Czech Republic, Hal said. The unit had 720 employees at the end of last year and annual revenue of €34 million, it said.
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