All M&A articles – Page 3
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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 ...
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ArticleKering Eyewear builds up in-house supply chain in Belluno
The eyewear division of Kering is acquiring Visard, a specialist in injected plastic frames, and taking a minority share (for now) in Mistral, an acetate eyewear manufacturer.
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ArticleTopcon seeks to move from a hardware-based to a solutions-based business after ownership change
US-based private equity firm KKR will be acquiring a majority stake in Topcon Corporation as part of a planned management buyout (MBO), both companies have announced. The tender buyout offer, which is scheduled for the end of July this year, values the Japanese equipment maker at 348 billion yen (€2.2bn). ...
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Alcon to acquire cataract laser treatment company for $430m
Alcon has announced that it will acquire LENSAR, a stock listed company specializing in the advanced laser treatment of cataracts, following an agreement between both companies. The Swiss-based eye care group will purchase all LENSAR outstanding shares with a 24 percent premium to their average price of the last 30 ...
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News briefsTopcon investing in oculometrics company
Topcon Healthcare is the lead investor in a pre-Series A funding round for MachineMD, which develops oculometric systems to assess brain function and detect multiple sclerosis, Parkinson’s disease, tumors, evidence of strokes and other troubles. The amount of the investment remains undisclosed, but Topcon will be integrating MachineMD’s neuro-diagnostics into ...
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EssilorLuxottica expands med-tech offering with new acquisition
A few months after its investment in Heidelberg Engineering, EssilorLuxottica announced yesterday the acquisition of Cellview Imaging, another med-tech company. Based in Canada and until now only distributed in North America, Cellview has developed a range of diagnostic imaging instruments for eyecare practitioners to diagnose retinal pathologies. According to Essilux, ...
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ArticleEssilorLuxottica’s M&A program gets an early start into the new year
EssilorLuxottica is acquiring Pulse Audition, a French-based startup specializing in AI-driven hearing-aid technology for smart eyewear.
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EssilorLuxottica announces new acquisition in the med-tech sector
EssilorLuxottica continues to expand in the med-tech sector with the acquisition of Espansione Group, an Italian-based company developing non-invasive medical devices for the diagnosis and treatment of dry-eye, ocular surface and retinal diseases. Espansione Group’s proprietary technologies include Light Modulation Low-level Light Therapy (LLLT) photobiomodulation (PBM) and Intense Pulsed Light ...
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Private equity funds reportedly eye Topcon acquisition
Private equity investors, including KKR and EQT, are in negotiations to acquire Topcon, the Japanese eyecare equipment maker, Bloomberg reported yesterday. Japan Investment Corp., the government-backed fund is also reportedly planning to submit an offer for the company by the end of this year. Topcon has been under pressure from ...
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ArticleHOYA acquires Deutsche Augenoptik
Deutsche Augenoptik (DAO) is a German-based wholesale company supplying lenses, equipment and eyeglasses to opticians, optometrists and ophthalmologists, with a strong market penetration in the independent optical distribution channel.
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Historic US eyewear supplier acquired by private equity fund
Zyloware Eyewear, “the longest-running family-owned optical company in the US” by its own description, has announced that private equity firm CenterGate Capital has acquired a majority stake in the business. Established in 1923 and headquartered in Port Chester, New York, Zyloware distributes in North America a large portfolio of house ...
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ArticleThélios to invest in MYKITA
LVMH’s eyewear unit expands its footprint in the eyewear designer segment with a minority stake in the Berlin-based eyewear designer and manufacturer.
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ArticleiVisionTech diversifies into auto sector with purchase of 45% stake in Molex Zetronic
OEM eyewear maker is continuing to diversify its activities by investing in the producer of electronic components for the automotive sector. There may also be some synergies in the domain of smart glasses.
