Fielmann Group has successfully issued a €275 million Schuldschein, marking a significant financing milestone as it aims to enhance its capital structure and expand into the U.S. market.

Target Information

The Fielmann Group is a publicly traded German family-owned business specializing in optometry and hearing acoustics. Serving approximately 29 million customers, Fielmann provides a range of products including eyeglasses, contact lenses, eye care services, and hearing systems. Established in 1972 and currently led by Marc Fielmann in its second generation, the company operates with a pronounced customer-oriented philosophy aimed at enhancing the beauty of the world through clear vision and sound. Fielmann has built a significant presence with over 1,200 locations across Europe and the United States, employing more than 24,000 staff members and achieving customer satisfaction ratings of around 90%.

The company has recently positioned itself as a key player in the U.S. optometry market, which is the largest globally. This strategic move, alongside a commitment to modernization and digitalization, has resulted in international sales accounting for over 40% of the group’s total revenue, highlighting its ambition and growth trajectory.

Industry Overview

The optometry industry in Germany has seen consistent growth over recent years, largely driven by an aging population and an increasing awareness of eye health issues. Furthermore, advancements in technology and a greater accep