L Catterton Asia, Mitsui & Co unit invest in Owndays

Singapore

PRIVATE equity firms L Catterton Asia and Mitsui & Co Principal Investments (MCPI) have partnered to invest in Japanese eyewear company Owndays Inc and accelerate its growth across the Asia-Pacific region, L Catterton Asia announced in a media release on Thursday, without disclosing the size of the investment.

Owndays has 115 stores in Japan and 142 in 10 other Asian markets, including 27 in Singapore, offering rapid service for prescription glasses in own-brand styles.