All Corporate articles – Page 46
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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
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Alain Afflelou has mandated two banks, Société Générale from France...
Alain Afflelou has mandated two banks, Société Générale from France and Citibank from the U.S., to work on its possible reintroduction on the stock exchange. It would take place at the end of 2011 or the beginning of 2012 if market conditions are right and the company is not sold ...
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The headquarters of Davis Vision in Plainview, New York, is...
The headquarters of Davis Vision in Plainview, New York, is moving to San Antonio, Texas, the company has announced. The move affects only the corporate and administration offices – and about 100 employees – as sales and client management, manufacturing, customer service, and the IT center in the Plainview area ...
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Several optical retailers housed in the department stores of TJ...
Several optical retailers housed in the department stores of TJ Hughes have shut down following the bankruptcy proceedings of the British retail chain
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The Prada group received €24.0 million in fees, paid on...
The Prada group received €24.0 million in fees, paid on a quarterly basis, from Luxottica for the worldwide license agreement covering the Prada and Miu Miu brands during the fiscal year ended on Jan. 31, 2011. The Italian fashion group obtained €23.2 million in fees during the previous fiscal year ...
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Essilor of America has started construction on a 43,000-square-foot Innovation...
Essilor of America has started construction on a 43,000-square-foot Innovation and Technology Center in Texas, set to open in April 2012. It will combine the R&D center, currently based in Florida, with the engineering operations, with a total workforce once combined of 75.
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Bridgepoint and Apax Partners, which own 56% and 20% of...
Bridgepoint and Apax Partners, which own 56% and 20% of Alain Afflelou, respectively, are reportedly considering a possible new flotation of the French optical retail chain on the stock exchange as an alternative to the sale of their shares
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Approval was given to the 50 percent acquisition of Shamir...
Approval was given to the 50 percent acquisition of Shamir Optical Industry by Essilor when a district court in Israel said the deal could go ahead. Shamir's shareholders have already OK'ed the acquisition; the final hurdle is the approval of the Federal Trade Commission of the U.S.
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Luxottica's founder and chairman, Leonardo Del Vecchio, 76, has found...
Luxottica's founder and chairman, Leonardo Del Vecchio, 76, has found a solution to bequeath his wealth to the six children – Claudio, Marisa, Paola, Leonardo Maria, Luca and Clemente – he had with three wives, according to the daily La Repubblica. The daily said that each child will have a ...
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Federgruppi Ottica, an Italian federation of buying groups, has gained...
Federgruppi Ottica, an Italian federation of buying groups, has gained a new member – Rome-based Free Optik. Its 200 members take Federgruppi Ottica to a total of 1,500 opticians affiliated to its six member groups. Alongside the newcomer, these are Argo Vision, Gruppo Opto In, Ottici Associati, Oxo Italia and ...
