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Tesco sells opticians business to Vision Express

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Staff Writer |
Acquisition   Tesco Opticians employs 1,500

Tesco said it has agreed to sell its opticians business in the UK and Ireland to competitor Vision Express UK Ltd for an undisclosed amount.

Tesco said the sale was part of a "move to further simplify its business and serve its shoppers better".

Tesco Opticians currently operates in 206 Tesco stores across the UK and three stores in Ireland, as well as online, and employs 1,500.

The sale is subject to regulatory approval by the UK's Competition & Markets Authority.

"This allows us to further simplify and strengthen our UK business and ensures our customers are still able to enjoy high quality eye care services from Vision Express in our larger stores.

"Our priority now is to work with our colleagues and support them through this change," said Matt Davies, Chief Executive of Tesco's UK and Republic of Ireland operations.

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