Greiche & Scaff

Greiche & Scaff is a Canadian eyewear company that specializes in providing a diverse range of prescription eyeglasses, sunglasses, and eye care services, designed to enhance vision and style for customers of all ages. Founded in 1976 and headquartered in Montreal, Canada, Greiche & Scaff specializes in eyewear products. The company was acquired by New Look Eyewear in October 2014 for USD 17. 75 mn.

Greiche & Scaff has engaged in two deals to date, demonstrating its active role in the eyewear market. The founder's previous ventures are not publicly detailed. Greiche & Scaff specializes in eyewear, offering a broad range of products that include prescription eyeglasses, sunglasses, and contact lenses. Their core product line comprises designer frames and lenses, crafted in-house at their Montreal laboratory, ensuring quality control.

The company also provides eye examination services performed by licensed optometrists, primarily serving the Canadian market and catering to individuals of all ages. Greiche & Scaff operates on a retail model, generating revenue through direct sales of eyewear products and services. Customers engage in-store to select from a variety of frames and lenses, with promotional offers such as discounts on complete pairs of glasses. The company’s sales typically include both frames and ophthalmic lenses, along with additional services like eye examinations.

Greiche & Scaff aims to enhance its product offerings and broaden its market reach. The company is planning to introduce new eyewear products in the upcoming year, reflecting current fashion trends and technological advancements. Additionally, they are exploring expansion into new geographic regions, particularly seeking to enter markets beyond Canada. The funds raised through the acquisition by New Look Eyewear will likely be utilized to support these initiatives and bolster operational capabilities.