All Corporate articles – Page 33

  • News briefs

    AEA Investors has announced the purchase of a majority stake...

    2015-12-28T00:00:00Z

    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 ...

  • News briefs

    Another private equity firm, Compass Partners, has agreed to make...

    2015-12-28T00:00:00Z

    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 ...

  • News briefs

    Spy has applied to the U.S. Securities and Exchange Commission...

    2015-12-28T00:00:00Z

    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 ...

  • News briefs

    OluKai, a California-based lifestyle footwear company, has made an unspecified...

    2015-12-28T00:00:00Z

    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 ...

  • News briefs

    Hillair Capital Investments has exercised an option to subscribe to...

    2015-12-28T00:00:00Z

    Hillair Capital Investments has exercised an option to subscribe to additional shares in PFO Global, the American company led by Ruedi Suter, resulting in a total investment to date of $5.8 million, with an option to invest an additional $2.1 million by converting a new five-year bond carrying 8 percent ...

  • Short stops

    Delfin, the holding company of Leonardo Del Vecchio, the largest...

    2015-12-28T00:00:00Z

    Delfin, the holding company of Leonardo Del Vecchio, the largest shareholder in Luxottica, has bought a 13% interest in Luxair, the airline company in Luxembourg, from Lufthansa

  • News briefs

    Essilor continues to acquire buying groups in the U.S. After...

    2015-11-25T00:00:00Z

    Essilor continues to acquire buying groups in the U.S. After its recent takeover of Vision Source, the largest alliance of independent opticians, its Essilor of America subsidiary has acquired a majority stake in the Professional Eyecare Resource Co-Operative (PERC) and Infinity Vision Alliance (IVA), which make purchases in behalf of ...

  • News briefs

    Vision Ease has acquired Korea-based Daemyung Optical (DMO). The terms...

    2015-11-25T00:00:00Z

    Vision Ease has acquired Korea-based Daemyung Optical (DMO). The terms of the transaction were not disclosed. The acquIsition will enable Vision Ease to expand its ophtalmic lens product portfolio and its distribution capabilities to high-growth markets throughout Asia. Wind Point Partners, Vision Ease's investor, backed the acquisition as part of ...

  • News briefs

    Mad Vision, a new wholesale company, has been launched in...

    2015-11-25T00:00:00Z

    Mad Vision, a new wholesale company, has been launched in the U.S. through the collaboration of Guillaume Pottecher, an 18-year veteran in the optical sector, and Marc Aptakin, who owns Mad Studios, a South Florida-based advertising and marketing agency. Pottecher and Aptakin have joined forces to combine wholesale distribution with ...

  • News briefs

    MA Healthcare has completed the acquisition of Optician from Reed...

    2015-10-26T00:00:00Z

    MA Healthcare has completed the acquisition of Optician from Reed Business Information. The Optician brand includes working with the Federation of Manufacturing Opticians to stage the Optrafair exhibition. Following the acquisition, Optician has now moved to its new office in Herne Hill, London. MA Healthcare, part of the Mark Allen ...

  • News briefs

    Julbo has become the only sports brand in Europe with...

    2015-10-26T00:00:00Z

    Julbo has become the only sports brand in Europe with an in-house laboratory to make corrective lenses for its sports glasses. Like other brands of sports eyewear, it was previously outsourcing the process to an outside laboratory. Following an investment completed in April, Julbo's lab has a capacity to make ...

  • News briefs

    Dita Group of Los Angeles has acquired the Christian Roth...

    2015-09-24T00:00:00Z

    Dita Group of Los Angeles has acquired the Christian Roth brand of eyewear. Roth and his partner, Eric Domege, will continue as creative directors of the luxury eyewear brand, which they founded in 1984. The Christian Roth collection will be sold by the Dita Group, which has been expanding internationally ...

  • News briefs

    Ocuco has acquired the optical software business of Retail Planit,...

    2015-09-24T00:00:00Z

    Ocuco has acquired the optical software business of Retail Planit, including the company's name and brands, for an undisclosed amount. Retail Planit is based in Denmark and serves the Scandinavian market, with wholly-owned subsidiaries operating in Norway and Sweden. Its Optitec RS optical software package will be integrated with Ocuco's ...

  • News briefs

    The Luneau Technology Group, owner of Briot, Weco and Visionix,...

    2015-09-24T00:00:00Z

    The Luneau Technology Group, owner of Briot, Weco and Visionix, has announced its merger of its U.S. subsidiary with AIT Industries, an American distributor of ophthalmic equipment and instruments based in Bensenville, Illinois. Joe Vulich, president of AIT Industries, will serve as president and general manager of the new, combined ...

  • News briefs

    Marchon Eyewear has formalized the full takeover of its operations...

    2015-09-24T00:00:00Z

    Marchon Eyewear has formalized the full takeover of its operations in Australia and New Zealand. General Optical (GenOp), its distribution partner in Australia since 1987, and Marchon Australia have become wholly-owned subsidiaries of the U.S. company. This coincides with the retirement of Peter Lewis, founder and chief executive of GenOp, ...

  • Short stops

    Optovision, the German producer of free-form lenses, is investing nearly...

    2015-09-24T00:00:00Z

    Optovision, the German producer of free-form lenses, is investing nearly €6 million to modernize its laboratory in Langen, which employs 400 people

  • News briefs

    Hilco Vision, a provider of optical solutions that is particularly...

    2015-09-24T00:00:00Z

    Hilco Vision, a provider of optical solutions that is particularly strong in the U.K. and the U.S., and its new majority shareholder, Blue Point Capital Partners, have taken over two German companies, Breitfeld & Schliekert (B&S) and Lexxoo International. B&S is the largest supplier of eyewear components in Germany. Lexxoo ...

  • Short stops

    MEI has moved its U.S. sales subsidiary into larger premises...

    2015-09-24T00:00:00Z

    MEI has moved its U.S. sales subsidiary into larger premises in Wood Dale, Illinois

  • News briefs

    Ocuco has acquired the optical business of Acumenex, provider of...

    2015-08-06T00:00:00Z

    Ocuco has acquired the optical business of Acumenex, provider of e-commerce solutions to chains, insurers and independent eyecare practitioner in North America. For Ocuco, a Dublin-based optical software company that provides software to clients in 39 countries, the move is part of its global omni-channel strategy for independent and chain ...

  • News briefs

    Allergan has signed a deal for the acquisition of Oculeve,...

    2015-08-06T00:00:00Z

    Allergan has signed a deal for the acquisition of Oculeve, an Irish medical device company that is developing treatments for the dry eye disease. It will pay $125 million upfront and more depending on revenues from Oculeve's OD-01 development program. The transaction is expected to close in the third quarter of 2015, depending ...