Magrabi Retail Group and Rivoli Vision merge, eyeing regional expansion: Regional eyewear retailer Magrabi and Dubai-based lifestyle retailer Rivoli Group’s eyewear unit Rivoli vision agreed to merge in a transaction that will see them consolidate some 290 locations across seven Middle East countries by the end of the year, according to a statement. Completion of the transaction is still pending commercial and regulatory approvals, the statement said.

About the companies: Rivoli operates 89 branches across the UAE, Qatar, Oman, and Bahrain, while Magrabi, a regional player with over 200 branches across the region, also operates a manufacturing facility in Dubai, with offices across the UAE, Saudi Arabia, and Egypt.

Timelines and targets: The merged entity expects to achieve double-digit revenue and EBITDA growth between 2025 and 2027, Magrabi Retail Group CEO Yasser Taher tells Arab News. Digital sales are projected to grow 50% annually during this period. The integration process is set to be completed within 15 months, while full synergy realization is expected within two years.

A move to boost supply chain efficiency: “The scale of the new entity will enable higher investment into supply chain automation, including further investment in our manufacturing facilities, warehouse operations, our central glazing lab network, and last-mile delivery fulfillment,” Magrabi Chairman Amin Magrabi told the publication.

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