All Corporate articles – Page 36
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The Brien Holden Institute, the Australian research firm, has announced...
The Brien Holden Institute, the Australian research firm, has announced plans to launch a series of commercial entities in Australia, China, India, Europe and the U.S. that will be known as Brien Holden Vision companies. These units will market products for myopia and myopia control, presbyopia, and potentially blinding eye ...
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Mitsui Chemicals, the Japanese lens materials specialist that took over...
Mitsui Chemicals, the Japanese lens materials specialist that took over Corning's SunSensors photochromic business last May, has formed a new U.S. company in San José, Whole You, to launch an improved version of PixelOptics' emPower electronic autofocusing technology for opthalmic lenses. As reported in VMail, Mitsui bought the related patents ...
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Essilor will close its lens manufacturing plant in Ponce, Puerto...
Essilor will close its lens manufacturing plant in Ponce, Puerto Rico effective on or about June 30, 2015. The company said that some product from this facility will be absorbed by existing facilities within North America. The closure will affect 180 workers, who were informed of this decision in November, ...
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VSP Vision Care has struck an agreement with Luxottica Retail,...
VSP Vision Care has struck an agreement with Luxottica Retail, which provides any of its 67 million members access to the latter's 506 Pearle Vision stores in the U.S. and Puerto Rico as special network providers of managed care, according to VMail. Some of the stores are already affiliated with ...
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HTS Hans Torgersen & Sønn, a Norwegian supplier of...
HTS Hans Torgersen & Sønn, a Norwegian supplier of safety equipment that also markets the Swisseye brand of sports glasses, has acquired Top Look, a German manufacturer of eyewear frames. Christopf Ellwein remains chief executive officer of Top Look, which markets the Top Look, Maxey, ICU and TAO brands ...
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New Look Eyewear, the Canadian optical retailer, has completed its...
New Look Eyewear, the Canadian optical retailer, has completed its acquisition of Greiche & Scaff, a Québec-based banner. The deal was valued at C$17.75 million (€12.44m-$15.57m), paid in cash at closing plus assumed liabilities, subject to customary price adjustments. Following the acquisition, New Look will have a combined store network ...
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The Michael Pachleitner Group (MPG) created the MP Studio in...
The Michael Pachleitner Group (MPG) created the MP Studio in Graz on Sept. 1 to be used as a design studio for all its brands for graphic design, product design, communication with suppliers and other projects. Anthony Reid, who is the co-owner and managing director of the Robert La Roche ...
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News briefs
The Michael Pachleitner Group (MPG) merged on Sept. 1 the...
The Michael Pachleitner Group (MPG) merged on Sept. 1 the BGI Brillenglas Import-Export Corporation and the Luffup design agency, both owned by MPG, under one roof. Uniopt, the eyewear design and distribution company owned by MPG, will be incorporated on Oct. 1. The three individual companies will be merged under ...
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News briefs
Vision-Ease Lens has been acquired by Wind Point Partners in...
Vision-Ease Lens has been acquired by Wind Point Partners in a recapitalization move that should allow the company to devote more resources to global growth, according to Doug Hepper, president and chief executive of the American lens company. The terms of the acquisition were not disclosed. Another equity firm based ...
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Allergan has agreed to hold a special shareholders' meeting on...
Allergan has agreed to hold a special shareholders' meeting on Dec. 18 in return for Pershing Square Capital Management and Valeant Pharmaceuticals dismissing their legal claims against the company
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News briefs
Alcon, a division of Novartis, has announced that it has...
Alcon, a division of Novartis, has announced that it has agreed to acquire California-based WaveTec Vision, the developer of the ORA System, the first commercialized intra-operative guidance system used by cataract surgeons. The ORA System, which complements Alcon's Verion image-guided pre-operative diagnostic system, allows surgeons to see incisions and intra-ocular ...
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Eyeking will consolidate and expand its facilities at the end...
Eyeking will consolidate and expand its facilities at the end of this year with a new corporate office and distribution center in Melville, Long Island
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News briefs
Ocuco, the Dublin-based provider of the Innovations Lab Management System...
Ocuco, the Dublin-based provider of the Innovations Lab Management System (LMS), has acquired CC Systems, a company with offices in Florida and Toronto that provides the Labzilla LMS. CC System's Labzilla and Ocuco's Innovations businesses will be merged into Ocuco's Lab Division under the business leadership of CC Systems' founder, ...
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News briefs
CooperVision has completed its $1.2 billion acquisition of Sauflon. According...
CooperVision has completed its $1.2 billion acquisition of Sauflon. According to a report in VMail, the Sauflon name will begin to fade by the month of November, at least in the U.S., where CVI is launching the British company's Clarity 1 Day contact lenses this month, using an expanded sales ...
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Hoya Corp. said it decided cancel 9,234,100 treasury shares on...
Hoya Corp. said it decided cancel 9,234,100 treasury shares on Aug. 11, representing 2.18% of its equity, as part of a stock repurchase plan approved last May 7
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News briefs
Walgreens, the big American drugstore chain that bought a 45...
Walgreens, the big American drugstore chain that bought a 45 percent stake in Britain's Alliance Boots in 2012 for $6.7 billion, or £4 billion, has decided to ask its shareholders to exercise an option for the remaining 55 percent stake next year. It will have to pay about double the ...
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News briefs
Hardy Capital Partners and some prominent Canadian investors have acquired...
Hardy Capital Partners and some prominent Canadian investors have acquired a couple of online stores for footwear. They have bought OnlineShoes.com, a relatively old and profitable virtual shoe shop based in Seattle, and ShoeMe.ca, a virtual shoe retailer across the U.S.-Canadian border in Vancouver. Together, the two online retailers are ...
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News briefs
Essor, a small French lens manufacturer, has been acquired by...
Essor, a small French lens manufacturer, has been acquired by Shamir Optical. The acquisition took effect on July 1. Shamir is owned 50 percent by Essilor, which bought this stake in July 2011. Essor and Shamir intend to take advantage of many new synergies while maintaining their own products and ...
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News briefs
New Look Eyewear, an optical retailer in eastern Canada, has...
New Look Eyewear, an optical retailer in eastern Canada, has entered into a definitive agreement to acquire certain optical assets and businesses of Optic Direct, carrying on doing business under the Greiche & Scaff banner in Quebec. The assets and businesses to be acquired include 49 corporately owned stores in ...
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The number of Fielmann shares trading on the stock exchanges...
The number of Fielmann shares trading on the stock exchanges in Frankfurt and other German cities will double on Friday, Aug. 22, following the stock split decided at the group's annual meeting on July 3
