All Corporate articles – Page 41
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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 ...
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Scott Olivet, chairman and former chief executive of Oakley, is...
Scott Olivet, chairman and former chief executive of Oakley, is said to be in line to run a new company that would take over Von Zipper, Element, Dakine, Kustom and other brands and retail chains of the Billabong International group. The deal is part of a takeover proposal filed by ...
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Johnson & Johnson has plans to invest more than €100...
Johnson & Johnson has plans to invest more than €100 million in the expansion of its Vistakon Ireland manufacturing operations in Limerick, creating 100 permanent production jobs in the process. The announcement was made by IDA Ireland, the national investment promotion agency, and was later confirmed by Richard Burton, the ...
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Essilor has acquired 68.3 percent of the capital of Interactif...
Essilor has acquired 68.3 percent of the capital of Interactif Visuel Système, a French company that provides technological sales support solutions for opticians. Its range of sales support and ophthalmic measurement solutions are marketed under the brand name Activisu. One of these is Visioffice, a measuring column designed jointly with ...
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Two investors have bought Albin Paget, an eyewear manufacturing group founded...
Two investors have bought Albin Paget, an eyewear manufacturing group founded in 1886 in the Jura region of France, and plan to expand the business. Thibaut Mortier and Jean-Michel Werling bought the group with the support of Réseau Entreprendre, a non-profit association that provides financial aid for interesting projects. They have the ...
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Essilor has bought X-Cel Optical, an ophthalmic lens maker based...
Essilor has bought X-Cel Optical, an ophthalmic lens maker based in Minnesota, for an undisclosed price. VMail reports that Joe Doescher, X-Cel's chief executive and president, and Wayne Gottwalt, the chief financial officer, will keep a 20 percent stake in the company. It had been privately held by Doescher's family ...
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Christian Dehn is leaving the laboratory of Schulz Optische Fabrik in...
Christian Dehn is leaving the laboratory of Schulz Optische Fabrik in Glücksburg, Germany. After three years of restructuring the company, Dehn will be assuming a new post in the management of a company outside the optical industry. The Michael Pachleitner Group (MPG), which owns the German laboratory, has seized the opportunity to ...
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Pearle Vision plans to expand in the U.S. this year,...
Pearle Vision plans to expand in the U.S. this year, while converting some stores from corporate owned shops to franchises. VMail reports that Pearle, a Luxottica Retail company, is looking at converting 34 of its stores out of its 622 locations in the U.S., 266 of which are company-run. Among ...
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Short stops
Wal-Mart is dissolving its relationship with 1-800 Contacts for the...
Wal-Mart is dissolving its relationship with 1-800 Contacts for the sale of contact lenses as of Dec. 31, 2012
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Optimax, a U.K.-based laser surgery provider, has acquired a rival...
Optimax, a U.K.-based laser surgery provider, has acquired a rival firm, Ultralase, for an undisclosed sum after months of negotiations between the companies. The two are now trading together as the Ultralase Optimax Group. The sale was confirmed on Ultralase's Twitter feed on Dec. 4. Reportedly, Russell Ambrose, Optimax' chairman and ...
