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PASSAU and OELDE, Germany—German-based eyewear company OWP Brillen GmbH has announced the acquisition of Dr. Beck GmbH & Co KG and its subsidiary Bexx Brillenmode GmbH & Co KG. The Beck Group, known under its brand name Flair, will operate as an independent subsidiary under the leadership of managing director Sven Reiß, OWP said in an announcement. In 2015, OWP acquired Couture Brillen GmbH and its brand Cazal. The company is focusing on developing a premium brand portfolio with a focus on “made in Germany," according to the announcement.

Werner Paletschek, managing director of OWP called this acquisition a "logical addition," and said "The brands Flair and bx. eyewear ideally complement our existing portfolio and increase the attractiveness of Optische Werke Passau (OWP) in the independent eyewear segment."

Rainer Beck, former owner of Dr. Eugen Beck GmbH & Co KG, said, “I am pleased to be able to hand over my company to proven hands. Our corporate cultures and product philosophies fit together very well, and this will contribute significantly to our future success.”