CooperVision has acquired GP Specialists, a Californian manufacturer and distributor of customized orthokeratology contact lens. CooperVision said that the move further expands its Specialty EyeCare business and its offer to address the increasing severity and prevalence of myopia. Terms of the transaction were not disclosed.
Steve Wagner, GP Specialists’ former president and key principal, will serve as a consultant to the company over several months to assist with a smooth transition. Mark Cosgrove will remain as GP Specialists’ general manager, responsible for daily operations.
GP Specialists will retain its name and operate as a complementary business, headquartered in San Diego, and customers can continue to work with their current representatives.