All Corporate articles – Page 25
-
News briefs
Tom Davies, the high-end British eyewear brand, is relocating part...
Tom Davies, the high-end British eyewear brand, is relocating part of its production to a brand-new factory in London. According to an article in The Financial Times, the company invested £600,000 (€680,000-$800,000) in the new facility, which is set to manufacture 30 percent of Tom Davies' production in the short ...
-
News briefs
For the eighth consecutive year, Essilor International has been ranked...
For the eighth consecutive year, Essilor International has been ranked as one of the 100 most innovative companies in the world by Forbes magazine. The annual ranking shows the stock-listed companies that feature the best current and future innovation potential. Placed in the 68th position, Essilor is the only optical ...
-
News briefs
Zeiss has announced plans to build a shared innovation hub...
Zeiss has announced plans to build a shared innovation hub at the Karlsruhe Institute of Technology in Karlsruhe, Germany. The €30 million facility, which will cover an area of around 12,000 square meters on the north campus of the Institute, will house high-tech and digital start-ups as well as Zeiss' ...
-
News briefs
Andy Wolf, the Austrian brand of designer eyewear, has announced...
Andy Wolf, the Austrian brand of designer eyewear, has announced the start of construction works for the extension of its headquarters in Hartberg. Scheduled to be completed in May 2018, the new building will have a total of 1,000 square meters, adding more space for offices, a showroom and a ...
-
News briefs
Johnson & Johnson (J&J) has announced that it has inked...
Johnson & Johnson (J&J) has announced that it has inked a definitive deal to acquire TearScience through Abbott Medical Optics, its surgical vision operating company. The financial terms of the transaction have not been disclosed. The acquisition is expected to close by the end of the year subject to antitrust ...
-
News briefs
GrandVision has signed an agreement to double its stake in...
GrandVision has signed an agreement to double its stake in Visilab to 60 percent, with an already approved plan to raise it to 79 percent in 2019. It had first acquired a share of 30 percent in 2007. Founded in 1988, the leading Swiss optical retail chain operates 98 stores ...
-
News briefs
Marchon Eyewear has announced the acquisition of a majority stake...
Marchon Eyewear has announced the acquisition of a majority stake in Enternasyonal Gözlük, its exclusive distributor in Turkey. The transaction was closed on July 28. Marchon said its goal is to expand its Turkish business and make Turkey one of its top 10 global markets, considering the large young and ...
-
News briefs
Johnson & Johnson (J&J) Vision Care has announced the acquisition...
Johnson & Johnson (J&J) Vision Care has announced the acquisition of Sightbox, an online membership-based subscription service for contact lens wearers in the U.S. The services that Sightbox provides include the scheduling of annual eye exams, contact lens evaluation for its members, and an annual supply of contact lenses. According ...
-
News briefs
VSP Global has acquired a stake in RightEye, a company...
VSP Global has acquired a stake in RightEye, a company specializing in the use of eye-tracking technology to improve patient care and vision performance. The size of the investment has not been disclosed. RightEye's customers include hospitals, the U.S. military, Major League Baseball (MLB) and more than 100 independent optometrists ...
-
News briefs
Carl Zeiss Meditec has acquired Veracity Innovations, a medical software...
Carl Zeiss Meditec has acquired Veracity Innovations, a medical software company based in Temple, Texas. The terms of the transaction were not disclosed. Veracity markets an intelligent cloud-based platform for cataract surgical planning, management and analysis. The platform was launched at the American Society of Cataract and Refractive Surgery (ASCRS) ...
-
News briefs
Henry Jullien, a high-end eyewear brand based at Lons-le-Saunier in...
Henry Jullien, a high-end eyewear brand based at Lons-le-Saunier in the Jura region of France, which went into receivership in April 2016, has been taken over by the L'Amy Group, the French eyewear company that develops and markets brands such as Kenzo, Sonia Rykiel Paris, Chevignon or Balmain, among many ...
-
News briefs
Hoya Corporation has announced the completion of the acquisition of...
Hoya Corporation has announced the completion of the acquisition of Performance Optics, including its subsidiaries Vision Ease and Daemyung Optical, the second-largest lens manufacturer in South Korea. The company says the move will provide Hoya Vision Care with additional capabilities and offerings in polycarbonate, photochromic and polarized lens technologies, while ...
-
News briefs
Essilor International has acquired Team Effort Optical, a full-service independent...
Essilor International has acquired Team Effort Optical, a full-service independent optical laboratory with conventional and digital surfacing based in Oklahoma City. The financial terms of the transaction were not disclosed. Team Effort Optical was founded by Mike and Denise Munzuris in March 1984. Mike Munzuris, an industry veteran with 50 ...
-
News briefs
Safilo Group has relocated its North American headquarters to 300...
Safilo Group has relocated its North American headquarters to 300 Lighting Way in Secaucus, New Jersey, around eight kilometers from New York City. Safilo's North American headquarters were previously located in Parsippany, also in New Jersey but around 55 kilometers from New York City. The new headquarters occupy the second ...
-
News briefs
Specsavers has inaugurated a new manufacturing and distribution center in...
Specsavers has inaugurated a new manufacturing and distribution center in Kidderminster in Worcestershire. England, on the site of Stourpoint Five. The new facility employs 400 people, while 200 more jobs are expected to be created over the next five years. Construction on the site was completed in November last year ...
-
News briefs
Maison Cartier, a subsidiary of the Richemont group, has completed...
Maison Cartier, a subsidiary of the Richemont group, has completed the acquisition of a 30 percent interest in Kering Eyewear, but we could not determine the terms of the investments. The Kering fashion group will keep majority control. The management of Kering Eyewear, led by Roberto Vedovotto, will have a ...
-
News briefs
Luxexcel, a Belgian company that claims to be the only...
Luxexcel, a Belgian company that claims to be the only to have developed 3D printing systems for ophthalmic lenses, has received nearly $10 million in new equity financing from several investors including KLA Tencor Corporation, which will help bring its 3D printers to the market. The technology is said to ...
-
News briefs
Eyewear from Barcelona opened a new showroom in the Barcelona...
Eyewear from Barcelona opened a new showroom in the Barcelona Moda Centro, presenting more than 170 different models from its Slastik Sun, Slastik Readers, Sport Optical and Kids eyewear collections. The brand is known for its special eyewear, where the frames stick together with magnets and flexible temples that hang ...
-
Short stops
The PPG Group has announced the withdrawal of a revised...
The PPG Group has announced the withdrawal of a revised proposal to merge with Akzo Nobel, the big Dutch-based chemicals group, following the rejection of an offer by the latter's boards of directors and the opposition of local authorities
-
News briefs
Hans Anders could enter other markets in Europe, possibly through...
Hans Anders could enter other markets in Europe, possibly through acquisitions, according to its management, following its acquisition by 3i (see our latest issue). After expanding into Belgium and France, the low-cost Dutch optical retailer entered the Swedish market in 2013 by taking over Direkt Optik.
