All Corporate articles – Page 34
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News briefs
The “Safilo Product School,” a German-style apprentice program, will kick...
The “Safilo Product School,” a German-style apprentice program, will kick off on Sept. 14. Nine participants, selected among about 200 applicants, will start a three-year apprenticeship with the Italian company.
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News briefs
Intel continues to expand into the wearable categories with the...
Intel continues to expand into the wearable categories with the acquisition of Recon Instruments, a maker of smart eyewear for sports and high-intensity environments. Recon, based in Vancouver, Canada, is the company behind the first heads-up display product for sports eyewear. Recon was already an Intel Capital portfolio company, following ...
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News briefs
Verbal, a French optical glazing laboratory near Strasbourg, has closed...
Verbal, a French optical glazing laboratory near Strasbourg, has closed its doors, blaming the new, more restrictive French guidelines for reimbursement of ophthalmic lenses by the mutual funds. The laboratory was apparently too small, employing 22 people for an annual turnover of €3 million. It belongs to a group that operates ...
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News briefs
A court in Edinburgh, Scotland has finalized Nikon's acquisition of...
A court in Edinburgh, Scotland has finalized Nikon's acquisition of Optos, the Scotland-based retinal imagining firm. The deal was first announced in February this year. Optos' shareholders will receive 340 pence in cash. Trading in Optos shares on the London Stock Exchange's main market for listed securities and the listing ...
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News briefs
BBGR and Nikon have announced a new industrial a commercial...
BBGR and Nikon have announced a new industrial a commercial partnership, which will be limited for the moment to France. Nikon's high-index technology will be integrated in BBGR's production and development center in Provins to manufacture some of Nikon's ophthalmic lenses. The site will also link with NIkon's optical surface ...
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News briefs
The Austrian-based Michael Pachleitner Group (MPG) has invested more than...
The Austrian-based Michael Pachleitner Group (MPG) has invested more than €2.5 million to upgrade the technical and software structure of its Schulz lens laboratory at Glücksburg, Germany. The measuring and polishing technologies, in particular, have been refined.
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News briefs
Marchon has inaugurated a new corporate headquarters in Mexico City....
Marchon has inaugurated a new corporate headquarters in Mexico City. On that occasion, Marchon presented a collaborative retail project together with Carl Zeiss Vision and CooperVision. It was described as a concept store intended to help eye care professionals to use more modern sales methods and services.
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News briefs
GlassesUSA.com has raised $12.5 million in a financing round led...
GlassesUSA.com has raised $12.5 million in a financing round led by Viola Private Equity, a member of the Viola Group. The funding will be used by the Israel-based retailer to accelerate the company's expansion. The global e-commerce company sells online discounted prescribed eyewear, offering both branded and private-label products. Founded ...
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News briefs
Ørgreen and Claire Goldsmith signed up several new accounts at...
Ørgreen and Claire Goldsmith signed up several new accounts at the recent International Vision Expo fair in New York, following the establishment of a joint new distribution company for the U.S. market, headed up by Matthew Reiss and called Ørgreen + Goldsmith. Our article about their new partnership in the ...
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News briefs
OWP Brillen has acquired Op Couture Brillen, including its well-known...
OWP Brillen has acquired Op Couture Brillen, including its well-known Cazal brand of eyewear, from the family of its founder, Harald Böttcher. The two German companies are both based in Passau. Run by Werner Paletschek, OWP stands for Optische Werke Passau. It covers the medium segment of the market with ...
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Short stops
Alain Afflelou, the maverick French optician, has sold his...
Alain Afflelou, the maverick French optician, has sold his stake of about 50 percent in a French rugby club, Aviron Bayonnais
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News briefs
Mei has begun constructing its new headquarters in Ponte San...
Mei has begun constructing its new headquarters in Ponte San Pietro, near Bergamo, in a strategic position along one of the main arteries cutting across Bergamo's hinterland, and just a few kilometers from its current facilities in Valbrembo. The new building is intended to enable the Italian lens processing equipment ...
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Getlenses of the U.K. has changed its company name to...
Getlenses of the U.K. has changed its company name to Vision Direct Europe
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Safilo is currently selecting the first 10 students to participate...
Safilo is currently selecting the first 10 students to participate in a new German-style apprentice program due to be launched this autumn
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News briefs
Actavis' planned acquisition of Allergan has been completed, following approval...
Actavis' planned acquisition of Allergan has been completed, following approval by the shareholders of both companies. The transaction, which is worth about $70.5 billion, creates one of the ten largest pharmaceutical companies in the world, with combined revenues expected to reach more than $23 billion in 2015. As previously reported, ...
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After losing the battle for Allergan's control, Valeant Pharmaceuticals has...
After losing the battle for Allergan's control, Valeant Pharmaceuticals has announced a definitive agreement to acquire Salix Pharmaceuticals, which specializes in gastrointestinal drugs, for an enterprise value of about $14.5 billion
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Short stops
Nikon has agreed to purchase Optos, a British retinal imaging...
Nikon has agreed to purchase Optos, a British retinal imaging company, for £259.3 million, or about $400 million in cash
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News briefs
Ocuco is recruiting six engineers to boost the professional services...
Ocuco is recruiting six engineers to boost the professional services team that delivers training and consultancy to the optical retailers with whom it works in the U.S., the U.K. and Ireland. The Irish-based company, which claims to be the largest provider of software solutions to the optical sector, already employs ...
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News briefs
Essilor is closing down one of its laboratories in Germany,...
Essilor is closing down one of its laboratories in Germany, located in Rathenow, to concentrate all its German manufacturing operations in Braunschweig. The company had stopped making mineral lenses in Rathenow in 2013. Lately, activities at the location have been limited for the most part to customer service. Essilor says ...
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News briefs
Skilynx, the investment company that has taken over the Vuarnet...
Skilynx, the investment company that has taken over the Vuarnet brand of glasses, says it has reached an agreement with Vuarnet International, owner of the overall brand rights, to “re-unify” the famous brand. Silynx is controlled by Neo Investment. Vuarnet International is controlled by Alain Vuarnet, son of Jean Vuarnet, ...

