All Corporate articles – Page 42
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Coopervision is shuttering its Marleston factory for rigid gas-permeable contact...
Coopervision is shuttering its Marleston factory for rigid gas-permeable contact lenses in Australia, according to Insight magazine, and relocating the production to its main factory in the U.K.
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On Oct. 1, the leading Swiss lens manufacturer Optiswiss took...
On Oct. 1, the leading Swiss lens manufacturer Optiswiss took over the German lens manufacturer Swiss Optic, formerly known as Trans Optik Express or Uniopt Trans Optik. Swiss Optic has belonged to the Michael Pachleitner Group (MPG) since 2005. Optiswiss takes over all activities and employees of Swiss Optic and ...
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Uvex, the German brand of eyewear, helmets and safety products,...
Uvex, the German brand of eyewear, helmets and safety products, has recorded positive results from the flexible worktime programs which the company began to introduce ten years ago. Since then, Uvex has developed no less than 150 different types of alternative work schedules that it is offering to its employees ...
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Visionix and its Briot USA subsidiary have struck a partnership...
Visionix and its Briot USA subsidiary have struck a partnership with the Block Buying Group in the U.S., entitling its members to special pricing on their equipment. Named after its president, Michael Block, Block Buying Group describes itself as the largest optical buying group in the U.S., handling purchases for ...
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Satisloh has opened its third site in China, right in...
Satisloh has opened its third site in China, right in the center of the ophthalmic lens industry in the country. Located in Danyang, where more than 100 national and international companies are based, the new structure of more than 2,000 square meters features a fully equipped testing facility. It has ...
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Six strategic and institutional investors have reportedly expressed interest in...
Six strategic and institutional investors have reportedly expressed interest in acquiring a stake in Salmoiraghi & Viganò, the largest optical retailing group in Italy. Their names could not be obtained. According to the report, Dino Tabacchi, the former shareholder of Safilo who owns the group, may decide to accept an ...
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Following in Hoya's footsteps, Rodenstock has acquired its Brazilian distributor,...
Following in Hoya's footsteps, Rodenstock has acquired its Brazilian distributor, the IGAL Group of Rio de Janeiro, with which it has had an exclusive relationship since 1930
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Hoya Corporation has announced a partnership with Jacques Denis, which...
Hoya Corporation has announced a partnership with Jacques Denis, which claims to be the biggest independent lens fitting laboratory in France and in all of Europe, specializing in rimless frames, with more than 15,000 optional shapes in its system for the optician to choose from. Opticians can place orders for ...
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Atol, one of the major French cooperatives of opticians, has...
Atol, one of the major French cooperatives of opticians, has expanded its center for logistics and supply in Beaune, in the French region of Burgundy, to include a quality-testing laboratory. The new 1,500-square-meter space brings the total surface of the plant, which was originally set up in 2007, to 3,500 ...
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The number of outstanding shares of Coastal Contacts trading on...
The number of outstanding shares of Coastal Contacts trading on the Toronto Stock Exchange will be down to approximately 28.3 million as of Sept. 5, compared with 56.7 million before. This will be the result of a consolidation of its common shares on a a one-for-two basis that had been ...
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Bugatti Eyewear was acquired by Fidéla on June 29. The...
Bugatti Eyewear was acquired by Fidéla on June 29. The French company had been previously acquired in December 2009 by Mythic, who itself got the license from Augar. Fidéla is particularly interested in the market position of the Bugatti brand in the Middle East and Asia. Like the legendary car ...
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Daniel Abittan, the founder of Acuitis, Grand Optical and Photo...
Daniel Abittan, the founder of Acuitis, Grand Optical and Photo Services in France, has moved into the sector of funeral services. Argos Soditic, a Parisian private equity firm, has sold its stake in Roc-Eclerc, France's second-largest provider of funeral services, to Abittan and his management team. The firm bought Roc-Eclerc ...
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The European Commission has approved Lion Capital's acquisition of a...
The European Commission has approved Lion Capital's acquisition of a controlling stake in Alain Afflelou Group under the EU Merger Regulation. Afflelou himself, a 64-year-old former optician who founded the company 40 years ago, retains a 22 percent stake. The price of the transaction has been reported at €800 million, ...
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Bausch + Lomb has launched a tender offer to purchase...
Bausch + Lomb has launched a tender offer to purchase up to $300 million of its outstanding 9 7/8 percent senior notes due 2015. The offer will expire at 11:59 p.m., New York time, on Aug. 17, unless extended or terminated earlier. Holders who validly tender (and do not validly ...
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Hoya Corporation has increased the capital of a subsidiary in...
Hoya Corporation has increased the capital of a subsidiary in Hong Kong, Hoya Optical (Asia) CP, by US$12 million. The Japanese company said the move was intended to establish the appropriate organization to deal with the continued growth in demand expected by China and other developing countries.
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Het Huis, the Dutch chain of high-end optical retail stores...
Het Huis, the Dutch chain of high-end optical retail stores controlled by Hans Anders, is joining the Hal galaxy. Brilmij Groep, a subsidiary of GrandVision, has acquired 100 percent of the shares in Optical Service Group, which operates 89 Het Huis stores directly and 18 others as franchises. With 350 ...
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Essilor has established a new committee of European experts to...
Essilor has established a new committee of European experts to work on protection from ultraviolet (UV) radiation. The group, which met for the first time at the Leibniz Institute in Düsseldorf, Germany, on June 21-22, aims in particular to set the necessary references for the Eye-Sun Protection Factor (E-SPF), so ...
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Jai Kudo has set up its manufacturing laboratory in Leeds,...
Jai Kudo has set up its manufacturing laboratory in Leeds, England. The British company, which manufactures and distributes frames and contact lenses throughout Europe and the world, will now have a 100 percent European production, aimed at guaranteeing the highest quality standards. The company warned about possible delays in the ...
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Bausch & Lomb has completed the acquisition of ISTA Pharmaceuticals...
Bausch & Lomb has completed the acquisition of ISTA Pharmaceuticals for about $500 million, adding more than $150 million to its annual sales of prescription ophthalmology products
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Rodenstock has announced that it is ending its lens surfacing...
Rodenstock has announced that it is ending its lens surfacing and coating operations in Kent, England, which will result in the loss of jobs for about 30 people. The company said that it could best meet predicted demand for advanced lenses by focusing its investments on the group's main European ...
