Lexxoo International

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Lexxoo International - overview

Location

Nuremberg, -, Germany

Primary Industry

Consumer Products

About

Lexxoo International is a German company engaged in the design, production, and distribution of eyewear products such as sunglasses, reading glasses, and contact lenses, catering to diverse consumer needs. Founded in Nuremberg, Germany, Lexxoo International GmbH is involved in producing and distributing eyewear products. In August 2015, Hilsinger Holdings, a portfolio company of Blue Point Capital Partners, acquired Lexxoo International. The company operates primarily in Europe and specific regions of Asia.


Lexxoo International GmbH specializes in the production and distribution of eyewear products, primarily focusing on sunglasses, ready-made reading glasses, and contact lenses. The company's core product offerings include innovative lines such as Magna Sun, Avantgarde, Monster Shades, and Junior, designed to cater to various customer needs, from fashion to functionality. These products are aimed at consumers seeking style and quality in eyewear, addressing issues such as UV protection for sunglasses and vision correction for reading glasses. Additionally, Lexxoo provides lens care solutions to ensure the longevity and performance of their contact lenses.


The company serves a diverse client base across multiple geographical markets, including Europe and specific regions in Asia, targeting both end consumers and retail partners. In 2018, Lexxoo International GmbH generated a revenue of EUR 42,425,834. 30 with an EBITDA of EUR 5,590,115. 20, primarily driven through a business-to-business (B2B) model, partnering with retailers and wholesalers to distribute its eyewear products.


Lexxoo International is focused on expanding its product range and entering new markets. New eyewear products are currently being developed, aimed for launch in late 2023. The company targets expansion into the Asian markets, particularly in China and India, by 2025. The recent acquisition by Hilsinger Holdings in August 2015 will facilitate these growth initiatives, allowing for enhanced distribution capabilities and market penetration.


Current Investors

Hilco Vision

Primary Industry

Consumer Products

Sub Industries

Accessories, Beauty & Hygiene

Website

www.lexxoo.de

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Lexxoo International - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedLexxoo International-

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