Refac and U.S. Vision to Buy Nationwide Vision

Refac Holdings and its subsidiary U.S. Vision, both based in Glendora, NJ, have signed an agreement to acquire Nationwide Vision. The 28-year-old optical chain has opened 64 locations and two surgery centers, making it the largest optical chain in Arizona and 19th largest in the U.S. Should the buy-out get the necessary regulatory approvals, Nationwide will become part of Refac by the end of this quarter. Refac’s main operating company, U.S. Vision, Inc., is the sixth largest U.S. retail optical chain with 769 stores.