Magrabi Retail Group, the Middle East’s leading eyewear chain, has announced its acquisition of Kuwait’s top optical retailer, Kefan Optics. This strategic merger marks a significant step in Magrabi’s aggressive expansion plan as it aims to consolidate its leadership across the Gulf region.
Kefan Optics, known for its premium eyewear collections and strong regional presence, brings a rich heritage and loyal customer base to Magrabi’s growing portfolio. The acquisition will see Magrabi expand its footprint in Kuwait while enhancing its access to cutting-edge eye care services and luxury fashion eyewear.
This acquisition is in line with Magrabi’s continued merger and acquisition efforts to drive its growth path until 2025. With growing demand from consumers for quality eyewear and optical health solutions, Magrabi is emerging as the brand of choice in the GCC.
The executives from both firms were bullish about the prospects, with visions of innovation, improved customer experience, and a common vision to revolutionize optical retail in the region.
