Alain Afflelou
About Alain Afflelou
Alain Afflelou is a French entrepreneur and investor recognized for his contributions to the eyewear and optical services industry. In 1972, he founded the Alain Afflelou Group, which has grown to become one of Europe's leading franchisors of optical products and hearing aids, operating over 1,400 stores across 19 countries. The company offers a wide range of eyewear products, including glasses, sunglasses, and contact lenses, as well as hearing aids, catering to diverse customer needs. Under Alain Afflelou's leadership, the company has emphasized innovation and customer-centric services. Notable initiatives include the introduction of the MAGIC collection and the deployment of teleophthalmology in the French network, enhancing accessibility and convenience for customers. The group has also expanded its geographical coverage, with a significant presence in France and Spain, and a growing footprint in other European and international markets. In July 2025, the Afflelou family increased its stake in the company from 29% to 38% by purchasing an additional 9% from Lion Capital, a British private equity firm. This strategic move aims to strengthen the group's growth and stabilize family management under Anthony Afflelou, the new CEO since 2022. The company's global revenue for 2023 was €876 million, marking a 6% increase from the previous year. This growth reflects the company's ongoing commitment to innovation, quality, and customer satisfaction in the optical retail and hearing aid sectors.
Investment Mandate
Investment Stages3
Asset Classes2
Geographical Focus
Other stated markets15
Requirements
Focus on optical retail and hearing aid sectors, Emphasis on innovation and customer-centric services, Expansion into European and international markets
Stated Portfolio1
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