Is it true that Essilor owns Nikon in Canada? If so, why have they not made this common knowledge to optical retailers? Thanks!
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Is it true that Essilor owns Nikon in Canada? If so, why have they not made this common knowledge to optical retailers? Thanks!
Nikon Optical Canada Inc. develops, manufactures, and sells eyeglass lenses and lens coatings. The company offers single, near and intermediate, and digital progressive vision ophthalmic lenses. It sells its products through eye care professionals in Canada. The company was founded in 1989 and is based in Montreal, Canada. Nikon Optical Canada Inc. operates as a subsidiary of Nikon-Essilor Co., Ltd.
Source: https://www.bloomberg.com/research/s...capid=31022312
Looks like they are partners with Shamir as well - https://www.essilor.com/essilor-cont...Essilor_EN.pdf
How much more can Essilor/Luxottica absorb before we can cry monopoly?
Have you been living under a rock? This is old news now and everybody had their chance globally to cry monopoly with the Lux merger, but nobody did. Due diligence was performed and passed without any major hurdles.Quote:
Originally Posted by Trina
It was approved in every country globally, so welcome to the future.
Essilor is about the only global entity out there with a very diversified portfolio focused on the ophthalmic industry (not endoscopes and hard drives) that outperforms every competitor while being the envy of investors.
I don't see an issue with it.
Quote:
Originally Posted by Trina
Quote:
Originally Posted by Lab Insight
.............to support my friend "Lab Insight" and his statement, I would like to add that I have started to see the trend of a coming monopoly for at least 16 of the past years and have posted and reported on it on a regular bases, right here on *optiBoard*.
The independent optical retailer is in for a rough ride across the globe, and the North American Continent is their training ground for coming procedures to be introduced for future use.
Formerly at Nikon-Essilor, ...........now at "New Look Canada"
-Amiel, Antoine, former executive with Nikon-Essilor
Mr. Antoine Amiel is President, Director of the Company. He was Vice Chairman of the Board of the Company. He is an experienced international executive from the optical lens industry.
Between 2009 and 2012, Mr. Amiel held executive positions within Nikon-Essilor Co. Ltd. (“Nikon-Essilor”), a Tokyo-based joint-venture between Nikon Corporation and Essilor International which manufactures and distributes Nikon ophthalmic lenses worldwide.
From 2005 to 2012, he was Executive Officer, Vice-President – International Subsidiaries and CEO of Nikon Optical USA, Canada and United Kingdom. From 2002 to 2005, Mr. Amiel was Managing Director (CEO) of Nikon Optical UK Ltd. From 1999 to 2002, he was Nikon-Essilor’s Chief Financial Officer. Prior to his time with the joint venture he held several finance and marketing positions in Asia-Pacific and North America. Mr. Amiel has a master in Corporate Finance from the Université de Paris IX Dauphine.
source:
https://www.reuters.com/finance/stocks/officer-profile/BCI.TO/1703789
Ouch. Mean!Quote:
Originally Posted by Lab Insight
How is that mean? Unless you're a newbie to the industry which I don't believe you are, you owe it to yourself to stay informed of industry policy changes, legislative proposals and industry politics (including acquisitions & mergers) that may affect us all at some point in the future.Quote:
Originally Posted by Trina
That's what is great about OB. People will chime up and provide facts most of the time.
deleted,,,,,,,, double post