All M&A articles – Page 2
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ArticleEssilux acquires lens inspection expert A&R
EssilorLuxottica has announced the acquisition of Automation & Robotics (A&R), the Belgium-based supplier of equipment and software for ophthalmic lens laboratories. The group said that the acquisition would bring deep expertise across the value chain, including R&D, software development, manufacturing, distribution and deployment. “Sharing a commitment to innovation, ...
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Inspecs announces H1 sales decline, puts lens unit up for sale
Communicating a trading update ahead of its full half-year results announcement in September, Inspecs Group said that its sales were down by 2.9 percent year on year to £100.0 million (€116m) in H1 2025. At constant exchange rates, the decline was limited to 1.3 percent. In terms of profitability, adjusted ...
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News briefsTopcon acquires retinal-scanning company
Topcon Healthcare has acquired Intelligent Retinal Imaging Systems (IRIS), producer of a system that scans the retina for pathology, and for signs of diabetes in particular. The system is compatible with electronic medical record (EMR) integration and with many cameras. It also uses AI to help in diagnosis. IRIS was ...
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ArticleLenskart files for IPO, acquires a Spanish DTC sunglass brand
Lenskart’s long-rumored initial public offering (IPO) is one big step closer to becoming a reality as the Indian-based optical retailer group has just filed its so-called draft red herring prospectus with the Securities and Exchange Board of India (SEBI). The 761-page document is now available on the group’s corporate website. ...
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ArticleEssilux acquires producer of lens monomers
EssilorLuxottica has agreed to acquire all of the “assets and entities involved in the development, manufacturing and sale of monomers used in the production of high index ophthalmic lenses” of SK PUcore, of South Korea. Among these assets is an R&D unit, a factory, a sales office in Korea and ...
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US private equity fund acquires Uvex Group
Warburg Pincus, a US-based global private equity fund, is taking a majority stake in Uvex Group, the German-based company specializing in protective safety and sports equipment. The Winter and Grau families owning Uvex Group until now will retain a significant minority stake in the business, Warburg Pincus announced. The investment ...
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Swiss-Benelux merger in the contact lens e-commerce market
Two European contact lens e-commerce companies, Vision Group and LensOnline, are merging into Vision Group Holdings (VGH), a new entity that will “create a unified platform serving millions across multiple European markets,” they have announced. While both companies operate contact lens online shops, their profiles differ in the sense that ...
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TPG announces two further acquisitions in Germany
The Platform Group (TPG) has completed the previously announced acquisition of a 50.1 percent stake in Beste Aussichten and Karrasch & Nolten, two German optical retail groups totaling 30 stores, and has also announced the acquisition of Freudenhaus Optik Handels, a premium optical retailer with two locations in Munich, and ...
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ArticleE-commerce software group enters the DACH optical retail market
The Platform Group (TPG), a stock-listed software company based in Düsseldorf, Germany, has announced its entry into the optical and hearing aid market with the acquisition of two local optical retail groups. The investment is the first step in TPG’s long-term strategy to build an omnichannel business in the German-speaking ...
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Slower revenue growth, higher margins and new acquisition for JEH Holdings
Japanese-based retail group JEH Holdings has reported sales of 4,191 million yen (€25.1m) for its Q1 period ended April 30, 2025, up by 8.6 percent year on year but significantly down from its growth pace in the previous fiscal year (19.9 percent). Sales to inbound tourists to Japan accounted for ...
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ArticleKering Eyewear acquires Lenti from Safilo
Kering Eyewear is adding another layer to its vertical integration with the acquisition of Lenti, the Italian manufacturer of sunglass lenses that has been part of the Safilo Group since 1996. The companies did not disclose financial details about the agreement. Employing approximately 100 people and located in Bergamo, Italy, ...
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ArticleEssilorLuxottica keeps retail expansion focus on APAC with new acquisition
Malaysian acquisition to add 90 stores to regional retail footprint. Asia-Pacific accounted for 80 percent of new store openings by the group in the last two years.
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ArticleZEISS Vision Care enters ortho-k category with acquisition in Asia
ZEISS Vision Care has announced that it has agreed to acquire 100 percent of the shares in Brigthen Optix, a Taiwanese-based contact lens manufacturer listed on the Taipei stock exchange and focusing on orthekeratology contact lenses. ZEISS said that the acquisition, which is expected to be completed in early 2026, ...
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HOYA Vision Care acquires Centennial Optical
HOYA Vision Care is acquiring Centennial Optical, a Canadian distributor of eyeglasses frames and lenses, sunglasses, lens lab supplies and optical accessories. Centennial’s current lens portfolio includes Rodenstock, Kodak Younger Optics and two house brands (CHOICE and Centroptic). On the frames side, its offering includes brands such as Ben Sherman, ...
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ArticleAKN Group acquires Götti and Eyetech
AKN Group, formerly known as Akoni Group, has announced the acquisition of eyewear designer brand Götti. This investment, which also encompasses Eyetech, a Swiss-based lens maker, marks the first M&A operation for the luxury eyewear group whose portfolio already includes Akoni, a house brand made in Japan, and Valentino and ...
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ArticleEssilorLuxottica enters eye surgery field with new med-tech acquisition
EssilorLuxottica has announced the acquisition of Optegra, an international group supplying eye surgeries and other eye care treatments, from MidEuropa, a private equity firm that acquired the business at the end of 2022. The announcement follows a comment made a few weeks ago at EssilorLuxottica’s annual general assembly by Francesco ...
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British DTC eyewear brand raises £3m to support international expansion
Bloobloom – a UK-based brand of “designer eyewear at a fair price,” by its own description – has raised £3.0 million (€3.6m) in a second funding round with Pembroke VCT, a London-based investment fund, as main investor. Pembroke accounted for over half of a £4.8 million (€5.8m) round in 2022. ...
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Magrabi pursues M&A expansion in Middle East
Only a few months after the takeover of Rivoli Vision, Magrabi Retail Group is boosting its footprint in Kuwait with the acquisition of Kefan Optics, a local optical chain established in 1978 and currently operating 36 stores. The investment will enable the Dubai-based group to increase its market share in ...
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Topcon Healthcare acquires retinal AI imaging company
Topcon Healthcare has announced the acquisition of RetinSight, an Austrian-based company specializing in retinal AI imaging software. Topcon stressed that the move would further enhance Healthcare from the Eye, its AI-powered disease detection and management platform. Founded in 2020, RetinSight has its origin in research of the Medical University of ...
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Vuzix acquires waveguide R&D facility in Silicon Valley
Vuzix has announced the acquisition of an advanced waveguide R&D center in the Silicon Valley. The smart glasses company said that the facility was previously operated by “a global technology leader known for its extensive work in software,” without disclosing that company’s name. Vuzix stressed that the acquired unit featured ...
