The Essilor Group in the U.K. announced a few days ago the completion of the acquisition of the Lenstec Optical Group, in which it had taken a minority shareholding through Shamir in 2016. Lenstec operates three sites in the U.K. and reported annual revenues of £22 million (€25m-$31m) in 2019. The transaction is expected to close before the end of the year, pending regulatory approvals from the national Competition and Markets Authority.