All Corporate articles – Page 43
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News briefs
Evonik Industries, the German creative industrial group, has announced that...
Evonik Industries, the German creative industrial group, has announced that it is raising its prices for all Plexiglas and Pleximid molding compounds. The increase will amount to €0.15 per kilogram. Evonik says that the continuing increase of raw material costs necessitated its price hike.
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News briefs
Essilor has been selected as one of the companies to...
Essilor has been selected as one of the companies to be included in the Euro Stoxx 50 Index, the main index for stocks in the Eurozone. Essilor ranks No. 34 in the free-float market-capitalization-weighted index, which is made up of 50 blue-chip stocks. Essilor is a member of several other ...
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News briefs
Since June, the KGS curatorship in Berlin is the new...
Since June, the KGS curatorship in Berlin is the new owner of the online platform kontaktlinsenforum.de. The platform has existed for nine years and counts over 7,000 community members. The website is a popular contact point for questions concerning the adjustment, usage and care of contact lenses. Previously, KGS was ...
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News briefs
Karavan Production has bought the brand and the stock of...
Karavan Production has bought the brand and the stock of Eye'DC, including its trademarks IDC, Eye DJ and Eye'D Vision. Karavan will start selling the products through its own infrastructure next year. Karavan has also signed a licensing deal with Jacadi to manufacture and distribute that brand's frames, with those ...
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News briefs
Coburn Technologies International, a subsidiary of Coburn Technologies, has bought...
Coburn Technologies International, a subsidiary of Coburn Technologies, has bought the patent and related intellectual property of UVMAX-QT, UVAR and related backside hard coating products and formulations. Three months ago Coburn licensed the distribution rights to the coatings from the owner, Solaris Optical Coatings, and calls the acquisition the natural ...
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News briefs
Knecht & Müller, a Swiss manufacturer of ophthalmic lenses with...
Knecht & Müller, a Swiss manufacturer of ophthalmic lenses with a big surfacing laboratory, has acquired Von Hoff, another Swiss company that represents Nidek as well as various important brands of frames in the country, including several lines of Charmant. The two companies will continue to operate independently under ...
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News briefs
Carl Zeiss Vision has established special relations with two U.S....
Carl Zeiss Vision has established special relations with two U.S. buying groups, Vision West and C&E Vision. It will provide their affiliated opticians with competitive pricing and various services to help them build their practices. The independent groups will have access to Zeiss' full range of lenses, coatings, lab services ...
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News briefs
PixelOptics has raised $7.03 million from 10 investors, coming almost...
PixelOptics has raised $7.03 million from 10 investors, coming almost 10 percent short of its target. The U.S. company, which markets emPower electronic focusing eyewear, had offered $7.7 million worth equity in the form of mixed securities in its latest round of financing.
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News briefs
Two people were killed in a March 31 fire at...
Two people were killed in a March 31 fire at Evonik's cyclododecatriene (CDT) plant at the Marl Chemical Park in Germany. CDT is a base material used in plastics manufacturing – it makes laurolactam, which is used as a monomer in polyamide 12. This material is used in Evonik's Vestamid, ...
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News briefs
Safilo has completed the acquisition of Polaroid Eyewear. The Italian...
Safilo has completed the acquisition of Polaroid Eyewear. The Italian company says it has ambitious development projects for the brand in Europe and in some significant markets where it is currently under-represented and where Safilo's distribution network will allow a prompt and solid expansion. The takeover will also give the ...
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News briefs
Aspex Eyewear Group has bought a majority stake in Adlens...
Aspex Eyewear Group has bought a majority stake in Adlens Beacon from Warburg Pincus for an undisclosed sum. Founded in 2007, Adlens Beacon develops adjustable spectacle lens technology for nonprescription reading glasses. It uses a patented fluid-based technology for full adjustability. Aspex says it plans to market its products in ...
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News briefs
Bushnell Outdoor Products is buying Primos Hunting, based in Flora,...
Bushnell Outdoor Products is buying Primos Hunting, based in Flora, Mississippi, for an undisclosed amount. The acquisition should be completed by mid-May. Primos was founded in 1976 as a supplier of game calls, and has expanded to include other hunting tools such as blinds, scent eliminators, games scents, trail cameras, ...
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News briefs
PFO Global has moved into new, bigger headquarters in Irving,...
PFO Global has moved into new, bigger headquarters in Irving, Texas. The company said that the new location would better support customers and help the company get products to the market faster. The building is also next to 10,000 square feet of empty space that can be used if the ...
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Short stops
Fitting Box has move to a new office with double...
Fitting Box has move to a new office with double the space as before at Labège, near the French city of Toulouse
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News briefs
Maui Jim opened an office in the Coda Design Center...
Maui Jim opened an office in the Coda Design Center in Hong Kong on April 1. The office, headed up by Andrew Cheung, managing director of Maui Jim Asia, will offer sales, distribution and marketing services to opticians and optical stores throughout Asia. The complete portfolio of sunglasses will also ...
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News briefs
NicOx, the French pharmaceutical firm, has signed a deal to...
NicOx, the French pharmaceutical firm, has signed a deal to buy Altacor, the company that makes products for dry eye. NicOx will initially pay €2.4 million for 11.8 percent of Altacor, and has a call option to buy the rest of the shares for €10.8 million.
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News briefs
Rudy Project North America, which distributes Rudy Project and XX2i...
Rudy Project North America, which distributes Rudy Project and XX2i Optics products, will now start doing business as Running and Cycling Enterprises, or Race. The two brands will keep their names, just coming under the Race umbrella. The company said that “Running and Cycling Enterprises” betters fits with its goals ...
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News briefs
Bausch + Lomb will pay $500 million in cash to...
Bausch + Lomb will pay $500 million in cash to buy ISTA Pharmaceuticals, which produces non-steroidal, anti-inflammatory, allergy, glaucoma and spreading agents and is based in Irvine, California. In addition to adding its products to B+L's complementary lineup of prescription ophthalmology and over-the-counter eye health products, ISTA's purchase will create ...
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Short stops
There are insistent rumors that Bausch & Lomb is...
There are insistent rumors that Bausch & Lomb is going to go public again soon
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News briefs
Zoom Eyeworks announced at International Vision Expo East that it...
Zoom Eyeworks announced at International Vision Expo East that it was changing its name to ICU Eyewear. The company, which makes non-prescription reading glasses, sunglasses and accessories, also plans to rebrand each of its subsidiaries – ICU Eyewear, Dr. Dean, Wink, Fisherman Eyewear and Guideline – into distinct lifestyle brands. ...
