All Corporate articles – Page 33
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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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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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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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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 ...
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News briefs
Hillair Capital Investments has exercised an option to subscribe to...
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 ...
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Short stops
Delfin, the holding company of Leonardo Del Vecchio, the largest...
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
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News briefs
Essilor continues to acquire buying groups in the U.S. After...
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 ...
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News briefs
Vision Ease has acquired Korea-based Daemyung Optical (DMO). The terms...
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 ...
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News briefs
Mad Vision, a new wholesale company, has been launched in...
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 ...
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News briefs
MA Healthcare has completed the acquisition of Optician from Reed...
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 ...
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News briefs
Julbo has become the only sports brand in Europe with...
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 ...
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News briefs
Dita Group of Los Angeles has acquired the Christian Roth...
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 ...
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News briefs
Ocuco has acquired the optical software business of Retail Planit,...
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 ...
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News briefs
The Luneau Technology Group, owner of Briot, Weco and Visionix,...
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 ...
