All Corporate articles – Page 38
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News briefs
PFO Global, the ubiquitous U.S.-based provider of clever optical solutions...
PFO Global, the ubiquitous U.S.-based provider of clever optical solutions run by Rudolf Suter, is capitalizing on the Affordable Health Care Act being implemented in the U.S. under the administration of President Barack Obama. Known also as “Obamacare,” it is expected to benefit many other eye care companies. Just before ...
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Short stops
Essilor plans to close down its Gentex Optics manufacturing facility...
Essilor plans to close down its Gentex Optics manufacturing facility for polycarbonate in Carbondale by next Oct. 1, but it will continue to operate another factory for the same material in Dudley, Massachussets
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News briefs
A top executive of Maui Jim denies a report that...
A top executive of Maui Jim denies a report that Luxottica is about to take over his company, noting that it is not the first time that the rumor is surfacing. Luxottica had taken out Maui Jim from its Sunglass Hut stores some time ago in an apparent attempt to ...
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News briefs
Scrivens Opticians & Hearing Care in the U.K. has acquired...
Scrivens Opticians & Hearing Care in the U.K. has acquired 19 stores from Rayner Opticians for an undisclosed amount. All 19 branches will remain open and will be fully rebranded to Scrivens by June 2014. For Scrivens, founded 75 years ago in Birmingham, this is a strategic move, taking the ...
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News briefs
Ocuco, the Irish-based provider of the Acuitas and Focus Practice...
Ocuco, the Irish-based provider of the Acuitas and Focus Practice Management Systems (PMSs), has engaged The Worshipful Company of Spectacle Makers to train Ocuco's staff in the U.K. and Ireland in optical practice. The program addresses all 75 of Ocuco's employees in the two countries, including both technical support and ...
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News briefs
Essilor and De Rigo have signed a partnership agreement for...
Essilor and De Rigo have signed a partnership agreement for their Spanish business. Essilor will run lens assembly and logistics for General Optica, De Rigo's optical retail chain in Spain, which has 250 stores in the country. As part of the deal, Essilor will also support General Optica in the ...
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News briefs
Menicon has announced that its new multipurpose contact lens manufacturingfacility...
Menicon has announced that its new multipurpose contact lens manufacturingfacility in Emmen, Netherlands is now fully operational. At this new 4,675-square-meter plant, the company will produce made-to-order rigid gas permeable and soft lenses. Research and development teams will be working at the site on new lens designs and new support ...
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News briefs
The Swiss Eyewear Group (SEG), maker of the INVU collection...
The Swiss Eyewear Group (SEG), maker of the INVU collection of ultra-polarized eyewear, has opened a wholly-owned subsidiary in Italy, located in Varese. Ernesto Scotti, former managing director of Polaroid Eyewear Italy, will be the managing director of SEG Italia. Barbara Cocco is also joining the management team as sales ...
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News briefs
Lenstore, the online contact lens retailer, has been acquired by...
Lenstore, the online contact lens retailer, has been acquired by GrandVision for an undisclosed amount. Mitesh and Olga Patel, who founded Lenstore in 2008, will remain with the Guernsey-registered business. Lenstore, which offers its customers a same-day delivery service, saw sales grow beyond £5 million (€6.1m-$8.2m) in 2012.
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News briefs
A new German company, Primus Optik, acquired MDA, a bankrupt German...
A new German company, Primus Optik, acquired MDA, a bankrupt German marketing group for opticians, on Jan. 1 this year. The headquarters of the company remain in Lorch, keeping 18 of the former 22 jobs. The acquisition was implemented through a management-buy-out by Gabi Rothgerber, product development director of the MDA, ...
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News briefs
Coburn Technologies has announced the construction of a new express...
Coburn Technologies has announced the construction of a new express logistics center at its headquarters in South Windsor, Connecticut, to replace the current distribution warehouse in Louisville, Kentucky. The new facility should provide customers with faster delivery times, improved on-time deliveries and, in some cases, lower overall freight costs, the ...
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News briefs
For the fourth consecutive year, Zeiss is giving a share...
For the fourth consecutive year, Zeiss is giving a share of profits to all employees under a collectively agreed scheme. Each of them received a bonus of more than €1,000 pre-tax based on the results for the business year ended on Sept. 30.
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News briefs
Menicon, the contact lens manufacturer from Japan, has opened a...
Menicon, the contact lens manufacturer from Japan, has opened a multi-purpose center for contact lenses in Emmen, the Netherlands, in collaboration with NKL Contactlenzen, Menicon's strategic partner in the Netherlands, in which it has a financial stake. A facility measuring 4,675 square meters has been established for the production of ...
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News briefs
Bausch+Lomb is to retain over 1,000 jobs and create 100...
Bausch+Lomb is to retain over 1,000 jobs and create 100 new roles following a $106-million investment in its manufacturing facility in New York. Around 300 jobs would have been lost if the company had moved this new manufacturing line out of the U.S. Two manufacturing lines will be created and ...
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News briefs
On Dec. 3, Essilor cancelled 1.5 million treasury shares, representing...
On Dec. 3, Essilor cancelled 1.5 million treasury shares, representing 0.5 percent of the share capital. The company has been buying back shares to offset the diluting effect of its own share option programs. After the latest transaction, Essilor still owned 4,519,926 treasury shares, or 2.1 percent of the equity.
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News briefs
Pierre Verrier, who ran Logo Eyewear between 2008 and 2011,...
Pierre Verrier, who ran Logo Eyewear between 2008 and 2011, has acquired the French Cemo Group together with two of its managers. Based in the Jura region, the group employs 45 people and is a contractor for several important French eyewear companies and for Atol, a French buying group whose ...
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News briefs
Acuitis has signed a contract for the acquisition of AcoustiCentre,...
Acuitis has signed a contract for the acquisition of AcoustiCentre, the leading chain of hearing aids shops in the French part of Switzerland. Founded in February 2010 in Geneva by Daniel Abittan, a co-founder of GrandVision, Acuitis will thus have a network of 17 stores in Switzerland selling its special ...
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News briefs
Marcolin has formally closed the transaction for the acquisition of...
Marcolin has formally closed the transaction for the acquisition of Viva International. The financial terms could not be learnt. According to VMail, Fabrizio Gamberini, chief executive of Marcolin USA, will also take on the role of CEO of Viva, following the previously reported resignation of Antonio Bortuzzo. Further details could ...
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News briefs
Adlens has opened a new manufacturing facility in Oxford for...
Adlens has opened a new manufacturing facility in Oxford for the production of its new Focuss variable progressive spectacles destined for the U.S. The U.K.-based firm announced at Vision Expo West in October that LensCrafters in the U.S. would be first to trial the Focuss line, which integrates variable near, ...
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News briefs
Carl Zeiss is shutting down its Australian surfacing laboratory in...
Carl Zeiss is shutting down its Australian surfacing laboratory in Lonsdale, leading to the elimination of 75 jobs. Opticians in Australia and New Zealand will be supplied by Zeiss' labs in Asia and other parts of the world. The company will set up a new lens fitting laboratory at the ...
