Thursday 1 April 2021

#AbuDhabi's Mubadala to invest in German eyecare firm Rodenstock - Arabianbusiness

Abu Dhabi's Mubadala to invest in German eyecare firm Rodenstock - Arabianbusiness

Mubadala Investment Company has announced that it will invest in Rodenstock Group, a leading manufacturer of premium ophthalmic lenses, as a minority investor alongside funds advised by Apax.

Founded in 1877, Rodenstock has been a global leader in prescription lenses for over 140 years, and is headquartered in Munich, Germany.

Rodenstock employs around 4,900 people worldwide and is represented by sales subsidiaries and distribution partners in more than 85 countries.

Camilla Macapili Languille, head of Life Sciences at Mubadala, said: “Rodenstock is the leading pure play lens manufacturer in the European market, with a strong reputation for innovation and a consistent focus on offering a differentiated customer proposition.

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