All Corporate articles – Page 40
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Essilor of America has acquired a majority stake in EyeBuyDirect.com,...
Essilor of America has acquired a majority stake in EyeBuyDirect.com, according to VMail, the American online news service of Jobson Publishing. Founded in 2005 by Roy Hessel, its chief executive, EyeBuyDirect is a leading online optical retailer with operations in the U. S., China, and Hong Kong. Hessel will continue ...
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The Cooper Companies has announced an agreement for the sale...
The Cooper Companies has announced an agreement for the sale by CooperVision (CVI) of Aime, a Japanese supplier of rigid gas permeable contact lenses and solutions, to Nippon Contact Lens Inc. The divestiture, which is subject to numerous conditions, should have a neutral effect on Cooper's earnings per share. CVI ...
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Essilor will open a new 170,000-square-foot distribution facility in Lewisville,...
Essilor will open a new 170,000-square-foot distribution facility in Lewisville, Texas, according to VMail, complementing its three-year-old distribution center in Columbus, Ohio
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Alain Afflelou is reportedly negotiating the acquisition of a company...
Alain Afflelou is reportedly negotiating the acquisition of a company that would launch its retail franchising program in the U.K. by next September
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Carl Zeiss AG has been granted clearance by the European...
Carl Zeiss AG has been granted clearance by the European Commission, under Article 6(1)(b) of the EU Merger Regulations, to acquire full control of Carl Zeiss Vision. Both companies are based in Germany. Carl Zeiss AG previously shared control of Carl Zeiss Vision jointly with the EQT III Fund. Carl ...
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Signet Armorlite, which is now a property of Luxottica, has...
Signet Armorlite, which is now a property of Luxottica, has moved to a new and smaller facility in Carlsbad, California
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Luxottica launched a new buying program at Optrafair in Birmingham called...
Luxottica launched a new buying program at Optrafair in Birmingham called Luxboutique, exclusively for independent retailers. The program offers practitioners the opportunity to stock upto four of the manufacturer's “niche luxury” brands, namely Persol, Burberry, Miu Miu and Tiffany & Co., in a selection of frames that Luxottica has chosen for ...
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Google Ventures, the venture capital fund of the internet giant,...
Google Ventures, the venture capital fund of the internet giant, has announced the creation of an investment syndicate, called the Glass Collective, together with two venture capital firms, Andreessen Horowitz and Kleiner Perkins Caufield & Byers. The group will provide funding and support to the entrepreneurs who will develop apps ...
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Coastal Contacts has opened its first production and distribution facility...
Coastal Contacts has opened its first production and distribution facility in the U.S., which has become the fastest-growing market for the Vancouver-based online retailer of contact lenses and eyeglasses. The investment is expected to accelerate the company's growth in the U.S. The facility, whose location was not given, is starting ...
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Bausch+Lomb has filed a registration statement on Form S-1 with...
Bausch+Lomb has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) through its holding company, WP Prism, relating to the proposed initial public offering of its common stock. According to the SEC filing, the proposed maximum aggregate offering price is $100 million. The number ...
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Luxottica has finalized the acquisition of a 36.3 percent minority...
Luxottica has finalized the acquisition of a 36.3 percent minority stake in Salmoiraghi & Viganò, the leading Italian optical retail chain. The company said that the €45 million transaction is aimed at re-establishing its financial resources and at supporting its future growth.
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Mitsui Chemicals Group, based in Tokyo, has agreed to buy...
Mitsui Chemicals Group, based in Tokyo, has agreed to buy 5 percent of the shares of KOC Solution, a maker and distributor of optical lenses monomers based in Korea. After the acquisition, whose terms were not released, KOC will be a subsidiary of Mitsui. Mitsui expects to boost its portfolio ...
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Karavan Production has signed an agreement to buy the Buffard...
Karavan Production has signed an agreement to buy the Buffard group, which includes the Folomi, Axebo and Lun'Art companies. The two French entities represent a combined turnover of about €10 million, with an offer of more than 2,000 designer frames and an overall staff of 80 people. The structure of ...
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Poc Sweden, a Swedish brand of ski helmets, protective gear...
Poc Sweden, a Swedish brand of ski helmets, protective gear and ski goggles that was recently bought by Black Diamond Inc., an American group in the outdoor and ski sector, is getting its Poc Eyes collection manufactured for the first time by a production partner in Italy. The first generation ...
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Schneider continued to grow briskly last year, with sales up...
Schneider continued to grow briskly last year, with sales up by about 19 percent to an undisclosed level. Sales grew the most in Asia, Latin America and the U.S. A few weeks ago, the German manufacturer of free-form lens processing equipment and other types of tools for precision optics inaugurated ...
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Carl Zeiss Vision has made a major investment in its...
Carl Zeiss Vision has made a major investment in its prescription glazing facility in the U.K., installing a new MEI Bisphera all-in-one edger with automatic lens verification and blocking to speed up the process and ensure more accurate and consistent results. Separately, Carl Zeiss has temporarily shut down its museum ...
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Charmant shut down its Spanish subsidiary at the end of...
Charmant shut down its Spanish subsidiary at the end of last year because of its insufficient turnover, and it is looking for a distributor there before taking on new orders. Meanwhile, Rolf Sieglen, who has been working for Charmant Europe in Germany since 1996, has been promoted sales manager for ...
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There was a lot of unconfirmed speculation at the Vision...
There was a lot of unconfirmed speculation at the Vision Expo show in New York last month about some of Essilor's next moves. Executives of Shamir declined to comment on a rumor that Essilor would integrate the sales functions of some of its national subsidiaries in various European countries into ...
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Alcon is investing $250 million to develop a modern factory...
Alcon is investing $250 million to develop a modern factory on the Ciba Vision Campus in Johns Creek, near Atlanta, Georgia. In the framework of this expansion, Alcon aims to create about 300 new jobs. Alcon currently employs more than 1,500 people on the campus, where the company conducts research, ...
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Evonik Industries will increase the prices for all molding compounds...
Evonik Industries will increase the prices for all molding compounds sold under the Plexiglas and Pleximid trademarks due to the continued escalation in the cost of raw materials. The increase will amount to €0.14 per kilogram. The German group, which is active in over 100 countries, is a global manufacturer ...
