All Corporate articles – Page 29
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Short stops
Gavin Herbert, founder of Allergan, and his wife Ninetta have...
Gavin Herbert, founder of Allergan, and his wife Ninetta have pledged a donation of $5 million to the UC Irvine School of Medicine to help fund retinal research
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Five Arrows Management, an investment fund owned by Rothschild bank,...
Five Arrows Management, an investment fund owned by Rothschild bank, has acquired Pharmacie Lafayette and Optique Lafayette, the low-cost French chains of pharmacies and optical retail stores previously owned by Lafayette Conseil.
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Safilo has decided to create a new business unit, called...
Safilo has decided to create a new business unit, called Safilo Industrial, that will comprise the operations of its three Italian plants of Santa Maria di Sala, Martignacco and Longarone from January 2017. The reorganization will enable the holding company, Safilo Group, to focus on corporate functions for the rest ...
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Zeiss has established a new competence center in Munich as...
Zeiss has established a new competence center in Munich as part of its plans to accelerate the digital transformation in the company. Zeiss Digital Innovation Partners will be led by Matthias Gohl, Zeiss' former head of corporate strategic development. In his new role, Gohl will report directly to Thomas Spitzenpfeil, ...
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A new company, Swiss Eye International, was formed on Sept....
A new company, Swiss Eye International, was formed on Sept. 1 from the merger of Swiss Eye International, a German manufacturer of sports sunglasses and sports eyewear based in Augustdorf, near Bielefeld and Top Look Brillen, which has several brands of prescription frames including Top Look, ICU, TAO and Maxey. ...
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Safilo Group announced the acquisition of a further 24.4 percent...
Safilo Group announced the acquisition of a further 24.4 percent interest in Lenti, its exclusive supplier of sun lenses located in Bergamo. The purchase expands Safilo's stake in the company to 100 percent. Lenti was founded in 1995 through the collaboration of several optical production specialists, led by Marco Negri, ...
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One of Germany's wealthiest men, Carsten Mashmeyer, has agreed to...
One of Germany's wealthiest men, Carsten Mashmeyer, has agreed to invest more than €750,000 to acquire a 20 percent stake in Glorify, the Austrian brand of supposedly unbreakable sports and sun glasses. He responded to an appeal for funding made on a popular TV show by the president of Glorify, ...
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Eyefluence has announced on its website that the company is...
Eyefluence has announced on its website that the company is being acquired by Google. The amount of the transaction has not been disclosed. Eyefluence, based in Milpitas, California, specializes in eye-interaction technology for augmented, virtual and mixed reality devices. The company was founded in 2013 by Jim Marggraff, its current ...
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Sensimed has expanded its current collaboration in Japan with Seed,...
Sensimed has expanded its current collaboration in Japan with Seed, a Japanese contact lens maker. Under the terms of the agreement, the two companies are joining forces to obtain the registration of the Sensimed Triggerfish, a soft disposable silicone contact lens featuring an embedded micro-sensor that captures spontaneous circumferential changes ...
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A new company, Swiss Eye International, was formed on Sept....
A new company, Swiss Eye International, was formed on Sept. 1 from the merger of Swiss Eye International, a German manufacturer of sports sunglasses and sports eyewear by the same name based in Augustdorf, near Bielefeld and Top Look Brillen, which has several brands of prescription frames including Top Look, ...
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Repeating an experience made with Ray-Ban, Luxottica plans to place...
Repeating an experience made with Ray-Ban, Luxottica plans to place RFID (radio frequency identification device) tags on Oakley frames all over the world to better control sales. Thanks to the transfer of Oakley's distribution center from Ontario, California, to Atlanta, the group will be able to use the facility for ...
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Mei, the Italian maker of machinery for the processing of...
Mei, the Italian maker of machinery for the processing of ophthalmic and sunglass lenses, has opened its new corporate offices in Ponte San Pietro, near Bergamo, just a few kilometers from the former headquarters in Valbrembo. The new 10,500-square-meter facility, which was officially opened on Sept. 24, features a system ...
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Luxottica is said to be on the verge of an...
Luxottica is said to be on the verge of an agreement to acquire Oticas Carol, one of the major optical retail chains in Brazil. Luxottica, which has been busy developing its Sunglass Hut chain in the country, already five years ago bought Tecnol, a major eyewear manufacturer in the country, ...
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The Visottica Comotec Group says it has 100 percent of...
The Visottica Comotec Group says it has 100 percent of the shares in Comotec since July 22 following the pullout of Mazzucchelli from a joint venture first formed with Visottica in 2010. The entire group is now the property of Rinaldo Montalban. After steady growth averaging 5 percent a year ...
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Logo Eyewear, which went into receivership last May 12, following...
Logo Eyewear, which went into receivership last May 12, following the termination of its Tag Heuer license, which represented well over half of its turnover. As previously reported, Logo was planning to introduce a new private label and two other licenses, but it was apparently too late. Its creditors are ...
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Andy Wolf, a highly creative Austrian manufacturer of acetate eyeglasses,...
Andy Wolf, a highly creative Austrian manufacturer of acetate eyeglasses, has announced the acquisition of a factory in the Jura region of France specializing in the production of hand-made metal eyeglasses. Employing about 20 people, the plant belonged to Mandrillon, a contract manufacturer that had run into financial difficulties for ...
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Johnson & Johnson (J&J) has announced an agreement to acquire...
Johnson & Johnson (J&J) has announced an agreement to acquire Abbott Medical Optics (AMO), a wholly-owned division of Abbott Laboratories, for $4.325 billion. The deal is expected to be finalized by the first quarter of 2017, and to be modestly accretive immediately to adjusted earnings per share, J&J said. Abbott ...
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Mondottica International has acquired the global patents and trademarks relating...
Mondottica International has acquired the global patents and trademarks relating to the Spine hinge technology from its Italian inventor, Guido Medana, for an undisclosed amount. The self-closing hinge technology is being used by Mondottica in a dedicated Spine collection. It has also been sub-licensed to Centennial Company in Canada and ...
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Hilco Vision has announced the acquisition of Optiplus and Proteye...
Hilco Vision has announced the acquisition of Optiplus and Proteye in the Netherlands. The move is part of Hilco's ongoing European growth strategy. Optiplus specializes in accessories, professional tools and lens-care serving for major chains and the independent market. Proteye specializes in safety spectacles and (water)sports glasses with correction lenses. ...
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Allergan has announced the acquisition of all the assets of...
Allergan has announced the acquisition of all the assets of RetroSense Therapeutics, a private, clinical-stage biotechnology company specializing in innovative gene therapy approaches to restore vision. RetroSense's lead development program, RST-001, is a novel gene therapy for the potential treatment of retinitis pigmentosa (RP). Under the terms of the agreement, ...
