Market sources say the two entrepreneurs bought shares from Lensa founders – Daniel Craciun and Florin-Adrian Nita. They actually converted receivables into shares, to be precise.
Lensa, one of the largest actors on the eyewear retail market, has yet to file its 2024 financial report, but in 2023 had RON115 million in total debt, while revenue stood at almost RON200 million (an increase of 49% year-on-year).
Both the revenue and the debt went up fast because the company chose a fast-paced expansion.
Lensa started in 2013, first online and then expanded offline, and now has more than 80 stores, according to the latest available data.
The Stefan brothers bought into Lensa via a special purpose vehicle – ATM Ventures, which holds stake in more than 20 companies in various industries.
(English version by Loredana Fratila-Cristescu)