ECONOMY, HEALTH

Belgian holding GBL invests 500m euros in British eye care company

The Belgian investment holding company Groupe Bruxelles Lambert (GBL) is investing 500 million euros in Rayner, a British medtech company specialising in ophthalmology. Healthcare is one of GBL's priority sectors.

The Brussels-based holding company will acquire a 45 per cent stake in Rayner. With private equity player CVC, it will have control of the company.

Rayner, headquartered in the UK, is a global leader in ophthalmic solutions, from lenses and surgical instruments to eye drops. It sells these products in more than 80 countries.

The investment is in line with GBL's renewed strategy, which focuses on healthcare and private investments.

 

Illustration © PHOTO IMAGEBROKER

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