All Corporate articles – Page 45
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Menicon has bought W.I. System, operator of 68 retail stores...
Menicon has bought W.I. System, operator of 68 retail stores and one franchise in the Tokyo area under the banners of Ace Contact and Ekicon. Menicon, based in Nagoya, is taking on W.I. System as a wholly owned subsidiary; terms of the deal were not released. The acquisition will boost ...
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Bausch + Lomb has bought Laboratorio Pfortner Cornealent SACIF, the...
Bausch + Lomb has bought Laboratorio Pfortner Cornealent SACIF, the controlling entity of Waicon, the market leader in contact lenses and lens care products in Argentina. This acquisition will make B+L the leading eye health company in the country. The Pfortner chain of retail optical shops will remain independent and ...
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Indo has reportedly sold its subsidiary in Chile to a...
Indo has reportedly sold its subsidiary in Chile to a local company, Megalux
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Marchon Eyewear completed its move into new headquarters in October,...
Marchon Eyewear completed its move into new headquarters in October, combining the operations of two other buildings and adding 12,000 square feet to their combined area for a total of 62,000. About 225 employees work at the headquarters on Old Country Road in Melville, New York, in executive management, human ...
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While the liquidation procedure continues for Area, Area 98,...
While the liquidation procedure continues for Area, Area 98, the new company that is taking over most of its activities thanks to the intervention of China-based King Song and an Italian furniture manufacturer, FEM, is now set for business. Beatrice Fasan, the owner of FEM, has sold her 33 percent ...
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Bridgepoint, Apax Partners and the other shareholders of Alain Afflelou...
Bridgepoint, Apax Partners and the other shareholders of Alain Afflelou have apparently dropped plans to place the French optical retail group again on the stock exchange, which is languishing. A French magazine speculated that Luxottica or Fielmann may be interested in taking over the chain, but officials of both companies ...
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Ametek, an American manufacturer of electronic instruments and electromechanic devises...
Ametek, an American manufacturer of electronic instruments and electromechanic devises with annual sales of $3 billion, has paid $150 million to acquire Reichert Technologies, the maker of ophthalmic instruments. Reichert was previously owned by Beecken Petty O'Keefe & Company, a private equity firm. The U.S. company, which has a European ...
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The Christoffel Blindenmission (CBM) reports on the opening of one...
The Christoffel Blindenmission (CBM) reports on the opening of one of the world's biggest hospitals for the blind in a former marsh area in Nepal. Inaugurated on Nov. 15 by Ram Baran Yadav, president of Nepal, it can treat up to 1,500 patients per day. The complex stems from a ...
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Etnia Barcelona, a Spanish eyewear brand with offices in Barcelona,...
Etnia Barcelona, a Spanish eyewear brand with offices in Barcelona, Miami and Hong Kong, has purchased 80 percent of the Zhong Shan production site in China. The company invested €500,000 in the acquisition of machines for this Asian supplier, which has been manufacturing its frames. Now, being majority shareholder, Etnia ...
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Because of its growing business, Pro Fit Optix is moving...
Because of its growing business, Pro Fit Optix is moving its head office to a larger location in Irving, Texas
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Bushnell Outdoor Products has bought Night Optics USA, a provider...
Bushnell Outdoor Products has bought Night Optics USA, a provider of night vision and thermal technologies based in Huntington Beach, California. Bushnell, which makes sport optics, premium eyewear and outdoor accessories, said that the acquisition would help enhance its product portfolio for the law enforcement, military and security markets. Terms ...
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Bausch + Lomb now has the option to buy all...
Bausch + Lomb now has the option to buy all outstanding and unowned shares of Technolas Perfect Vision, a German ophthalmology laser company, for a total company value up to €450 million, depending on certain milestones and earnouts. Technolas Perfect Vision was originally a joint venture between Bausch + Lomb ...
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Luxottica Group SpA will take over part of the assets...
Luxottica Group SpA will take over part of the assets of a wholly owned Italian unit, Luxottica Srl, in an effort to streamline. The partial de-merger of Luxottica Srl mainly includes the transfer of license contracts and distribution activities. The transaction is part of a project started in 2007 to ...
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Norville Opticians has bought Roger Spooner Opticians in the wake...
Norville Opticians has bought Roger Spooner Opticians in the wake of Roger Spooner's retirement. Norville Opticians now has 13 practices, and the purchase extends the company's patient base in eastern Bristol; the 26-year-old Roger Spooner Opticians is in Keynsham, Somerset, in England. Beth Bracey, who has worked there for four ...
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Italia Independent is carrying out a capital increase that will...
Italia Independent is carrying out a capital increase that will provide resources for the design group's expansion, especially in eyewear. In the transaction, the businessman Mario Ginatta will obtain an 8 percent stake through a reserved capital increase in LA Holding, the group's holding company. The details of the deal ...
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The move of Davis Vision from New York to San...
The move of Davis Vision from New York to San Antonio, Texas, reported in July (Vol. 12 No. 9, July 28), will also include the headquarters of Eye Care Centers of America, another HVHC company. Their new home is more than 100,000 square feet in a former AT&T building. Along ...
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Menicon is reportedly setting up an international hub at Emmen,...
Menicon is reportedly setting up an international hub at Emmen, in the Netherlands, with an R&D center and a laboratory that will start supplying contact lenses for the European market from the beginning of 2013
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Evioo.com, one of the various new online retailers springing up...
Evioo.com, one of the various new online retailers springing up in France, reports that it has secured an equity injection from a private investor that allowed it to get started earlier this month without any problems, but it doesn't want to disclose the amount. The founder of the company, Philippe ...
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A Spanish company, Etnia Barcelona, is investing about €500,000 in...
A Spanish company, Etnia Barcelona, is investing about €500,000 in machinery and equipment for the Chinese factory that makes its acetate frames. According to Euro-focus, it will thus take control of the manufacturing company, Zhongshan, resulting in better quality and better deliveries. The plant's annual production capacity will be boosted ...
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Essilor International's purchase of a 50 percent stake in...
Essilor International's purchase of a 50 percent stake in Shamir Optical Industry is now finalized after judicial and regulatory approval from all required authorities, allowing Essilor to consolidate Shamir's accounts fully as of July 1 and leading to a de-listing of Shamir from the Nasdaq stock exchange
