Novum Capital has acquired a majority stake in HECHT Contactlinsen, a leading German manufacturer of custom contact lenses, to drive innovation and growth while ensuring business continuity.

Information on the Target

Novum Capital, a private equity firm based in Frankfurt, has successfully acquired a majority stake in HECHT Contactlinsen GmbH, located in Au near Freiburg, effective August 31, 2024. Established in 1978 and still under family ownership, HECHT Contactlinsen is recognized as Germany's leading manufacturer of custom-made, rigid gas permeable, and soft contact lenses. This acquisition marks a significant milestone in the company's development, ensuring continuity and stability in operations while promoting further innovation and growth beyond the generational transition.

With the transition to Novum Capital as the new majority shareholder, HECHT Contactlinsen is poised to enhance its reliability and innovation capabilities. The firm is committed to leveraging operational expertise and financial resources to propel HECHT’s strategic growth, not only in Germany but also in international markets such as Switzerland and Spain.

Industry Overview in Germany

The optical industry in Germany is one of Europe's most advanced sectors, characterized by strong demand for personalized and high-quality eye care solutions. The increasing prevalence of vision problems among the aging population h