All M&A articles – Page 4

  • News briefs

    Thélios acquires metal working specialist

    8 July 2022

    Thélios has announced the acquisition of Metallart, a company specialized in artisanal metal working, such as shearing and coining, for the eyewear industry. Founded in 1976, the company is based near the LVMH eyewear subsidiary’s factory in Longarone, Italy. Thélios said that the acquisition enabled it to bring in-house specific ...

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    Article

    Lenskart accelerates in Asia with Owndays’ takeover

    1 July 2022

    Lenskart, the fast-growing Indian retail group, has announced the acquisition of a majority share in Owndays, a Japanese-based DTC eyewear brand with 460 stores and e-commerce operations in 13 Asian countries, Australia and the United Arab Emirates. Lenskart acquired the shares in Owndays from L Catterton, an investment company affiliated ...

  • News briefs

    Walmart to acquire Memomi Labs

    30 June 2022

    Memomi Labs, a specialist in virtual try-ons through artificial intelligence, deep learning and augmented reality, has entered into a deal for its acquisition by Walmart, which seeks to “deliver integrated, omnichannel healthcare.” According to the huge American retailer, the acquisition should close in the coming weeks. Employees of Memomi will ...

  • News briefs

    HOYA acquires ophthalmology centers in France

    9 June 2022

    HOYA VISION CARE has acquired Médic’Oeil, a network of ophthalmology practices in France. Founded in 2014, Médic’Oeil currently operates a total of seven centers in different regions where vision care equipment and administrative resources are shared between a number of ophthalmologists. HOYA said the acquisition was aimed at enhancing access ...

  • News briefs

    CooperVision acquires EnsEyes

    3 June 2022

    CooperVision has acquired EnsEyes, a brand of orthokeratology (ortho-k) and scleral contact lenses in Scandinavia. Terms remain undisclosed, but EnsEyes will henceforth operate within Cooper’s Specialty EyeCare group. Its founder, the optometrist and former CooperVision executive Esben Nørregaard Sørensen, will be staying with the company. Headquartered in Kolding, Denmark, EnsEyes ...

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    Article

    Rodenstock acquires Indo

    20 May 2022

    The Rodenstock Group has announced that it was acquiring the Spanish lens manufacturer Indo Optical to further accelerate its regional expansion and gain market share. The acquisition is conditioned to the usual regulatory approvals but is expected to go through and be completed in Q3 2022. The Munich-based company, which ...

  • News briefs

    Essilux completes sale of stores to Bene

    21 April 2022

    EssilorLuxottica and its unit GrandVision have completed the sale of 142 EyeWish stores in the Netherlands and 35 GrandOptical stores in Belgium to the Optic Retail International Group Bene, a member of MPG Austria. The disposal follows the commitments made by EssilorLuxottica with the European Commission to buy GrandVision. The ...

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    Article

    Essilux wraps up GrandVision buy-out, changes top management

    17 April 2022

    EssilorLuxottica announced on April 14 the successful completion of its public offer for the GrandVision shares that it did not own yet and the buy-out of the retail group’s remaining shareholders. The Italo-French industry giant now holds 100 percent of GrandVision shares. The finalization of the takeover comes almost three ...

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    Article

    EssilorLuxottica to acquire Fedon

    13 April 2022

    Taking another step forward in its vertical integration, EssilorLuxottica has announced its intention to acquire 90.9 percent of the share capital of Giorgio Fedon & Figli, the Italian supplier of eyewear cases and leather goods. The new investment by the Italo-French group is reminiscent of the take-over of Barberini in ...

  • News briefs

    GV’s planned acquisition of SmartEyes under scrutiny in Sweden

    23 March 2022

    According to the Swedish paper Market, the Swedish Competition Authority has reservations about GrandVision’s acquisition of SmartEyes and has opened a special investigation into its potentially anti-competitive nature. SmartEyes is a national chain of 68 optical shops, with operations in Germany and Denmark as well and headquarters in Gothenburg. It ...

  • News briefs

    Essilux and CooperVision finalize SightGlass Vision JV

    18 March 2022

    A year after the initial announcement of their partnership, EssilorLuxottica and CooperVision have confirmed the finalization of their joint venture agreement for the development of SightGlass Vision, a new lens in the myopia management segment. During its last results’ presentation, CooperVision said that the two partners were still discussing the ...

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    Article

    Kering Eyewear to acquire Maui Jim

    14 March 2022

    Kering Eyewear is acquiring Maui Jim, the world’s largest independent brand of high-end sunglasses. The deal is subject to approval by regulators but should be complete by the second half of 2022. Speaking at a press conference this morning, Kering Eyewear’s president and CEO, Roberto Vedovotto, did not wish to ...

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    Article

    Essilux closes an acquisition and a divestiture

    2 March 2022

    EssilorLuxottica has recently closed two deals. One is the acquisition of Walman Optical, a network of laboratories operating in the U.S. The other is Vision Group’s acquisition in Italy, from the recently fused Essilux and GrandVision, of VistaSì’s brand and 99 stores and of 75 GrandVision stores. Terms for the ...

  • Netlens
    Article

    Netlens.com to be acquired by a multi-segment e-commerce platform

    10 February 2022

    According to the Swedish trade publication Dagens industri, the assets of Netlens.com, an e-retailer of contact lenses and other products sold in pharmacies, are being acquired by Footway Group, the international operator of eight web stores in 24 markets. They are Caliroots, Solestory, Heppo, Brandosa, Belapadel, Runforest, Sportamore (acquired in ...

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    News briefs

    PE firms might be prepping a bid for Boots

    13 January 2022

    According to several financial websites, two private equity firms, Bain Capital and CVC Capital, are making a joint bid to acquire Boots, the U.K.’s largest retailer of beauty products. Another two firms, Apollo Global Management and Fortress Investment Group, might be making bids of their own. Boots’ present owner, the ...

  • News briefs

    Luz and Optalor buying groups merge

    7 January 2022

    The trade journal Acuité reports that Luz and Optalor have joined forces. Together, the two French buying groups boast 2,100 points of sale and some €200 million (taxes excluded) in purchases. Optalor is in fact being absorbed into Luz, which will be handling negotiations and purchases, although for the next ...

  • News briefs

    Advancing Eyecare buys Santinelli International

    7 January 2022

    Advancing Eyecare has acquired Santinelli International, a supplier of optical finishing equipment. The deal was concluded in December, but terms have not been disclosed. Advancing Eyecare is owned by Atlantic Street Capital (ASC), operates in North America and includes the Lombart Instrument, Marco Ophthalmic, Innova Medical and S4Optik brands. Santinelli ...

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    Article

    MPG doubles down in retail, taking over 177 Essilux shops

    31 December 2021

    Just a few days after the announcement of an agreement with the Vision Group for the takeover of 174 of their Italian stores, EssilorLuxottica and GrandVision have announced that they have found an acquirer for 177 of their retail locations in the Benelux. Both divestments had been agreed with the ...

  • News briefs

    Inspecs buys Ego Eyewear

    29 December 2021

    Following the recent aquisition of BoDe Design, Inspecs has announed it would also acquire Ego Eyewear, a Swedish company developing licensed eyewear for such fashion brands as Barbour, Liberty of London, Viktor & Rolf, Lyle & Scott, Henry Lloyd, Joseph, Ivana Helsinki, Valerie and Day. According to Inspecs’ CEO, Robin ...

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    Ocuco invests in myopia treatment IT company

    26 December 2021

    Ocuco – the software producer for optometrists, ophthalmologists, optical offices and optical labs – has purchased a minority share in Ocumetra, an IT firm that produces nine clinical tools for the treatment of myopia. Chief among these is a numerical and graphical suite called Refractogram, with interactive ocular growth charts, ...