All Corporate articles – Page 32
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News briefs
Luxottica North America has announced a series of leadership changes,...
Luxottica North America has announced a series of leadership changes, as reported by VMail. Mary Anne Stangby, the current senior vice president and general manager of Sears Optical, has been promoted to senior vice president and general manager of Sunglass Hut North America (SGH). She replaces John Haugh, who will ...
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News briefs
Essilor International has announced it will submit the nomination of...
Essilor International has announced it will submit the nomination of two women as new independent directors – Henrietta H. Fore and Annette Messemer - to the Annual General Meeting (AGM) on May 11. Once approved by the shareholders' vote, Fore and Messemer will join Essilor's board of directors for three ...
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News briefs
Optical Express has appointed Geraldine Meade as its new professional...
Optical Express has appointed Geraldine Meade as its new professional development director. Most recently, Meade was managing director of Black & Lizars, the Scottish eye care chain, where she has held a number of positions, including chief operating officer, overseeing the firm's 25 practices, before becoming managing director. In her ...
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News briefs
Guillaume Joucla has been appointed as managing director of CooperVision...
Guillaume Joucla has been appointed as managing director of CooperVision France. A former manager of Ciba Vision and Alcon, he spent the last two years to develop a line of hearing aids, Widex.
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News briefs
Gerald (Gerry) Bottero, who was president of Hoya Vision Care...
Gerald (Gerry) Bottero, who was president of Hoya Vision Care between April 2005 and September 2014, has been appointed by Hoya Corp. to the role of president of its Pentax Medical division, with global responsibilities. He had first joined Hoya in 1988. Bottero's former responsibilities at Hoya Vision Care were ...
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News briefs
Hoya Lens Netherlands is closing down the production of ophtalmic...
Hoya Lens Netherlands is closing down the production of ophtalmic lenses at its laboratory in Uithoorn to focus on marketing, sales and improved services for Dutch opticians. The move is expected to affect 40 of the 75 workers at the facility, which will continue to sell stock lenses. Hoya started ...
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News briefs
Lapo Elkann has strengthened his majority stake in Italia Independent....
Lapo Elkann has strengthened his majority stake in Italia Independent. On Nov. 26, 2015, the Italian entrepreneur had already increased his position to 50.36 percent of the capital. More recently, with another series of share acquisitions, he became the owner of 50.7 percent of the shares, after purchasing 1,200 shares ...
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News briefs
Luxottica's founder and chairman, Leonardo Del Vecchio, has purchased 665,000...
Luxottica's founder and chairman, Leonardo Del Vecchio, has purchased 665,000 Luxottica shares through his Delfin holding company for around €38.7 million, reinforcing his majority stake in the eyewear giant by another 0.137 percent.
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News briefs
A Dutch court in Oost-Brabant pronounced on Dec. 17 the...
A Dutch court in Oost-Brabant pronounced on Dec. 17 the bankruptcy of Eurovisie World Wide, a manufacturer and distributor of eyeglasses, leading to the layoff of its ten employees. The reasons for the proceedings could not be learnt, but the liquidator in the case, J.A. van der Meer of Turnaround ...
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News briefs
Halma has announced that it has acquired Visiometrics, a fast...
Halma has announced that it has acquired Visiometrics, a fast growing company based in Barcelona that designs, manufactures and markets ophthalmic diagnostic instruments. The deal was worth up to £91.2 million (€120.2m-$131.0m) and includes both the operations based outside Barcelona and Visual Performance Diagnostics, which is located in Aliso Viejo, ...
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News briefs
American Vision, the new Indian store franchising operation that we...
American Vision, the new Indian store franchising operation that we have already reported on, says it plans to raise new equity in order to invest the equivalent of nearly $40 million over the next five years in the expansion of its business model across the country. Most of the budget ...
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News briefs
Bühler Technology is expanding and upgrading its distribution center in...
Bühler Technology is expanding and upgrading its distribution center in Alzenau, Germany, where Bühler Leybold Optics is based. Bühler's die-casting, grinding and dispersion operations will move there from two other facilities in Germany and Switzerland. The new logistic hub will allow speedier shipment of spare parts throughout Europe.
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Short stops
Based in Louisville, Kentucky, since 1972, Kenmark plans to move...
Based in Louisville, Kentucky, since 1972, Kenmark plans to move with its 100-odd employees, who own the company, to a new office in the same city in early 2017
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News briefs
Nouveau Eyewear, a 30-year-old company based in Carrolton, Texas, has...
Nouveau Eyewear, a 30-year-old company based in Carrolton, Texas, has been acquired by Walman Optical, described as the largest independent ophthalmic company in the U.S., involved also in instruments, systems and contact lenses. Owned until now by SunTx Capital Partners, Nouveau produces premium prescription frames and sunglasses under various brands ...
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Short stops
GrandVision has completed the planned acquisition of For Eyes, the...
GrandVision has completed the planned acquisition of For Eyes, the first U.S. optical retail chain under its ownership
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News briefs
AEA Investors has announced the purchase of a majority stake...
AEA Investors has announced the purchase of a majority stake in 1-800 Contacts from Thomas H. Lee Partners, who had acquired it in 2014. Thomas H. Lee Partners will remain a significant shareholder in the company. The terms of the transaction have not been disclosed. Credit Suisse, Barclays and an ...
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News briefs
Another private equity firm, Compass Partners, has agreed to make...
Another private equity firm, Compass Partners, has agreed to make an unspecified investment in Rodenstock. It will act as joint shareholder of the German company next to Bridgepoint, which outbid PAI Partners for the control of Rodenstock in 2006. The details of the transaction could not be learnt at the ...
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News briefs
Spy has applied to the U.S. Securities and Exchange Commission...
Spy has applied to the U.S. Securities and Exchange Commission to deregister its shares from the OTC BB stock exchange. As a result, the American sports eyewear firm will no longer have to file quarterly or annual financial statements with the agency. Its shares should continue to be quoted on ...
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News briefs
OluKai, a California-based lifestyle footwear company, has made an unspecified...
OluKai, a California-based lifestyle footwear company, has made an unspecified investment in Kaenon, the Californian brand of sunglasses. Darren Rosenberg will continue to run Kaenon as an independent entity. Known for its proprietary SR-91 polarized lenses, Kaenon was founded in 2001 by Darren and his brother Steve, who has left ...

