All Corporate articles – Page 39
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Optimax, the British laser eye surgery company that bought Ultralase...
Optimax, the British laser eye surgery company that bought Ultralase a year ago, has placed the latter in administration, a form of bankruptcy protection from creditors, but declared that its patients will continue to be cared for. Ultralase has not been profitable for many years and is likely to be ...
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Sauflon has just inaugurated a new center for innovation next...
Sauflon has just inaugurated a new center for innovation next to its manufacturing plant in Budapest, which was opened in 2007. The new center bolsters the company's ambitions to become the world's third biggest contact lens maker by 2018, as revealed during the opening ceremony. The new white, minimalist building ...
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Loubsol has obtained a formal certificate proving that its goggles...
Loubsol has obtained a formal certificate proving that its goggles are entirely manufactured in France. The French company, which was taken over by the Batteur group at the beginning of 2013, claims to be the only producer of snow goggles that has this kind of label, which seems to be ...
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Carl Zeiss Vision France has announced the layoff of 256...
Carl Zeiss Vision France has announced the layoff of 256 employees at its two laboratories in the country. The decision was attributed to the loss of a major contract with GrandVision, which belongs to the Hal group. The restructuring program involves all the 106 people working at a laboratory at ...
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The Michael Pachleitner Group (MPG) has invested €4 million in...
The Michael Pachleitner Group (MPG) has invested €4 million in a new European logistics center in the Czech Republic. The warehouse, encompassing 450,000 sqm, became operational in October. It is mainly intended for the international distribution of the group's range of stock lenses, but it also includes the worldwide logistics ...
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Cartier is opening a new eyewear factory in France, adding...
Cartier is opening a new eyewear factory in France, adding to the one in Besançon. The new manufacturing facility is located in Sucy-en-Brie, in the southeastern suburbs of Paris. It replaces the historic site in Joinville-les-Ponts, also near Paris, which the Richemond group, the owners of the luxury brand, had ...
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Luxottica has reportedly agreed to sell an Australian sunglass retail...
Luxottica has reportedly agreed to sell an Australian sunglass retail chain, Bright Eyes, to two businessmen, Ralph Edwards and Geoff Harbert. The two men were part of a consortium that had bought Bright Eyes in 2000. The retailer was then sold to Oakley in 2007. The same year, Oakley was ...
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Ralph Anderl, founder of ic! Berlin, bought all the shares...
Ralph Anderl, founder of ic! Berlin, bought all the shares of the company at the beginning of this year. Denying speculation about a future change of ownership, he said he had taken them over from two actors who helped him to start his company. Noting that all the profits have ...
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Optical Express Group has announced that it has placed DCM...
Optical Express Group has announced that it has placed DCM Optical Clinic into administration, a British form of insolvency, but intends to buy back 16 of the 19 stores within that business and consolidate them into the group. The British company said that there will be no job losses, no ...
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Karavan Production, the French company that sells high-end optical and...
Karavan Production, the French company that sells high-end optical and solar frames, has changed name and become Karavan & Co. The company designs and produces a wide range of adult and children's frames and distributes its products in France, Europe and abroad. The new identity is said to better represent ...
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The acquisition of Bausch + Lomb by Valeant Pharmaceuticals International...
The acquisition of Bausch + Lomb by Valeant Pharmaceuticals International is now completed. As reported previously by Eyewear Intelligence, the Canadian company will pay $4.5 billion in cash to the current owners, an investor group headed by the private equity firm Warburg Pincus, and another $4.2 billion in cash to ...
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Vistakon, a divison of Johnson & Johnson Vision Care, is...
Vistakon, a divison of Johnson & Johnson Vision Care, is investing $218 million over three years to expand the production and refurbish existing lines for its Acuvue contact lenses in south Jacksonville, Florida. The expansion plan is expected to add 100 people to the 1,800 the company currently employs in ...
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A.T. Cross has announced the completion of the sale of...
A.T. Cross has announced the completion of the sale of its legacy Cross pen business to a newly-formed affiliate of Clarion Capital Partners for $60 million in cash. Taking into account some seasonal working capital adjustments and taxes associated with the sale, A.T. Cross has received proceeds of around $54 ...
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Reverse Engineering, a technology company based in Lisbon, Portugal, has...
Reverse Engineering, a technology company based in Lisbon, Portugal, has reportedly formed a new division called ReverseOptics LLC and has created a new office in the U.S. to serve the eyecare and eyewear business there. ReverseOptics, which specializes in 3D scanning, augmented reality and 3D modeling technology, said that it ...
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Luneau Technology, the French-based company that develops, manufactures and markets...
Luneau Technology, the French-based company that develops, manufactures and markets Briot and Weco edgers and Visionix refraction and diagnostic equipment, has made an unspecified capital investment in Latham & Phillips Ophthalmic, a service company based in Columbus, Ohio. Luneau says the move is expected to expand the visibility of the ...
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Specsavers has acquired Healthcall Optical Services, one of the largest...
Specsavers has acquired Healthcall Optical Services, one of the largest providers of eye care for the housebound in the U.K., paying an undisclosed amount. Healthcall sends out its mobile opticians to conduct eye tests at the customer's home or care home free of charge, as the British National Health Service ...
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Schneider has acquired Team Heinrich & Krall, a German manufacturer...
Schneider has acquired Team Heinrich & Krall, a German manufacturer of optical equipment, founded in1992 by Dieter Heinrich and Jürgen Krall, that has developed innovative automated solutions for deblocking, cleaning and tinting ophthalmic lenses. It has around 300 machines installed around the world. Heinrich and Krall will continue as joint ...
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David Moulsdale has agreed to make a significant investment in...
David Moulsdale has agreed to make a significant investment in his chain, Optical Express, as part of a settlement of its debts with The Royal Bank of Scotland. According to a local report, Moulsdale owed more than £30 million (€34.8m-$46.5m) to the Scottish bank. The chain closed down 40 stores ...
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The owners of Bushnell have apparently made some progress in...
The owners of Bushnell have apparently made some progress in their efforts to sell the company with a high capital gain. According to various reports, ATK is in advanced discussions over the acquisition of the American optics company in a deal that would value it at around $1 billion. The ...
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Mister Spex has bought two Swedish online eyewear retailers, Lensstore...
Mister Spex has bought two Swedish online eyewear retailers, Lensstore and Loveyewear, to speed up its international expansion. Total annual sales for all three companies are expected to reach €48 million in 2013. Lensstore sells contact lenses with a major focus on Sweden, Norway and Finland. Loveyewear offers prescription frames ...
