MML Capital Partners invests in Luneau
MML Capital Partners has invested in Paris-based Luneau Technology Group.
The fresh capital will be used to support the company's organic growth, the creation of new products and for bolt-on opportunities.
Debt
The deal was supported with financing from existing lenders BNP Paribas, Amundi and Crédit Agricole.
Company
Luneau supplies diagnostic equipment, analysis and testing for ophthalmology as well as refractive optometry equipment. The company operates in nine countries.
The business trades through three brands: Briot, which focuses on the production of edgers and lab equipment for opticians; Weco, which manufactures edgers and lab equipment for opticians, as well as industrial services for large laboratories; and Visionix, which produces an advanced line of refraction and diagnostic instruments for opticians, optometrists and ophthalmologists.
People
Marc Abitbol is the president and founder of Luneau. Henry Louis Mérieux is managing partner of MML.
Advisers
Company – BNP Paribas (Corporate finance).
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