Page 8 of 12 FirstFirst ... 3456789101112 LastLast
Results 176 to 200 of 286

Thread: Essilor Has Purchased and Now Owns (Insert Company Name Here)

  1. #176
    Master OptiBoarder MakeOptics's Avatar
    Join Date
    Aug 2011
    Location
    none
    Occupation
    Other Eyecare-Related Field
    Posts
    1,327

    Take the blinders off

    Essilor bought Signet, Zeiss's suit against signet resulted in the Kodak unique being pulled and significant damages awarded to Zeiss. Zeiss turns around and gives E permission to use their patents to continue offering the Unique and other lens offerings in exchange for ARC technology. HOYA purchased Seiko Epson for the patents for freeform. Shamir was bought by E because shamir was using satis formulas for their AR stack in europe. Transitions got their hands slapped by the FTC for the way they stifle the photochromic business in the US, transitions is a joint partnership between E and PPG.

    The list goes on and on and on. Use what's good for business and your patients and let the big conglomerates work out their own deals independent of your practices loyalty. Don't fall for the crap line "we are independent", its old, tired and has very little value.

  2. #177
    Master OptiBoarder
    Join Date
    Jun 2008
    Location
    Seattle WA
    Occupation
    Optical Wholesale Lab (other positions)
    Posts
    3,137
    Polycore:
    CHARENTON-LE-PONT, France--(BUSINESS WIRE)--July 08, 2013-- Regulatory News:
    Essilor International (Paris:EI) has announced the acquisition of a 50% stake in Polycore Optical, one of the world's leading sun lens producers.
    Founded in 1976, Singapore-based Polycore develops and manufactures a wide range of plano sun lenses and prescription sun and clear lenses, which are sold in Asia, Europe and the United States. The company, which has 2,200 employees and revenue of around EUR30 million, is an Essilor supplier. It has two production plants, in Indonesia and in Malaysia, and three prescription laboratories, including an export laboratory, in Indonesia and the Netherlands.
    Commenting on the acquisition, Hubert Sagničres, Essilor's Chairman and Chief Executive Officer, said : "This agreement is in line with our eye protection and visual health strategy. Polycore's production capacity and facilities will add to Essilor's existing sun lens capabilities, mainly located in our BNL plants in France and at Gentex in the United States. This new partnership will allow us to offer a wider, more comprehensive range of sun products and materials, and to increase the penetration of high-performance sun lenses."
    Based in France, BNL manufactures premium tinted or polarized sun lenses, mainly in polycarbonate. The Gentex subsidiary has a plant in the United States that is recognized for its expertise in the production of sun lens, particularly for curved frames.
    With their ability to enhance visual comfort and clarity by protecting the eye, sun lenses form an integral part of Essilor's mission of improving the vision of 4.2 billion people in the world, of whom 2.5 billion do not have corrective eyewear. The sun lens segment is growing around twice as fast as the corrective lens market.
    In the prescription clear lens segment, the acquisition will also allow Essilor to step up its expansion in Indonesia, where one of Polycore's prescription laboratories serves the domestic market. With fewer than one in five Indonesian residents benefitting from effectively corrected vision, the market is one of the world's most underpenetrated. There is significant growth potential, especially for medium and high index lenses.
    Polycore is fully consolidated as from July 1, 2013.
    About Essilor
    The world's leading ophthalmic optics company, Essilor designs, manufactures and markets a wide range of lenses to improve and protect eyesight. Its corporate mission is to enable everyone around the world to access lenses that meet his or her unique vision requirements. To support this mission, the Company allocates more than EUR150 million to research and innovation every year, in a commitment to continuously bring new, more effective products to market. Essilor's flagship brands are Varilux(R) , Crizal(R) , Definity(R) , Xperio(R) , Optifog(TM) and Foster Grant(R) . It also develops and markets equipment, instruments and services for eyecare professionals.
    Essilor reported consolidated revenue of approximately EUR5 billion in 2012 and employs around 50,700 people. It operates in some 100 countries with 22 plants, more than 400 prescription laboratories and edging facilities, as well as several research and development centers around the world.
    For more information, please visit
    www.essilor.com.
    The Essilor share trades on the NYSE Euronext Paris market and is included in the Euro Stoxx 50 and CAC 40 indices.
    Codes and symbols: ISIN: FR0000121667; Reuters: ESSI.PA; Bloomberg: EI:FP.

    CONTACT: Essilor Investor Relations and Financial Communication

  3. #178
    OptiBoard Apprentice
    Join Date
    Feb 2010
    Location
    Switzerland
    Occupation
    Other Optical Manufacturer or Vendor
    Posts
    10

  4. #179
    OptiBoardaholic
    Join Date
    Sep 2006
    Location
    Missouri
    Occupation
    Optometrist
    Posts
    235
    Quote Originally Posted by sharpstick777 View Post
    Either Essilor will buy out PPG, or PPG Essilor, there is a divorce in the works after 22 years of marriage.

    Guess who will probably own Transitions in whole.

    PITTSBURGH— PPG Industries, Inc. (NYSE:PPG) announced today that it is currently in discussions withEssilor International (ESSI.PA) relating to the future of PPG’s and Essilor’s joint venture, Transitions Optical, a leading provider of photochromic lenses to optical manufacturers and a consolidated subsidiary of PPG. PPG is the majority shareholder in Transitions Optical, which was formed in 1990, holding a 51 percent interest in the joint venture companies. Essilor holds the remaining 49 percent interest and is also the largest customer of Transitions Optica


    "And then that Happened!" (a quote from 5th and Main)

  5. #180
    Master OptiBoarder
    Join Date
    Jun 2008
    Location
    Seattle WA
    Occupation
    Optical Wholesale Lab (other positions)
    Posts
    3,137
    Essilor Acquires Katz & Klein and VIP Optical

    Friday, October 25, 2013 12:33 AM

    CHARENTON-LE-PONT, France— Essilor International (Reuters: ESSI.PA) announced yesterday in its quarterly financial results that it has acquired two U.S. wholesale optical laboratories, Katz & Klein and VIP Optical.

    Katz & Klein, located in Sacramento, Calif., generates annual revenue of around $4.0 million, according to Essilor. The lab, which was founded in 1937 by Harry Katz and Russell Klein, was owned by Mike Francesconi and Corrine Hood. Hood, who served as president of the lab, has retired, and Francesconi remains as vice president.

    VIP Optical, located in Linden, N.J., was under private ownership. The lab generates annual revenue of $3.9 million, Essilor said.

    Details of the transactions were not announced.The two lab acquisitions follow Essilor’s recent purchase of Classic Optical in Youngstown, Ohio

  6. #181
    Master OptiBoarder
    Join Date
    Jun 2008
    Location
    Seattle WA
    Occupation
    Optical Wholesale Lab (other positions)
    Posts
    3,137
    Quote Originally Posted by retep View Post
    Posting article in case the delete or move the post:

    YOUNGSTOWN, Ohio— Essilor has purchased a majority interest in Classic Optical Laboratories, a Youngstown wholesale laboratory that specializes in managing high-volume contracts for insurance organizations, managed care organizations, union organizations and trust funds, educational institutions, correctional facilities, manufacturing plants, and federal and state government programs, VMail has learned. The transaction closed July 1; the purchase price was not announced.

    The Friedkin family, including company president Dawn Friedkin, retains a minority interest in Classic Optical, an Essilor spokesperson told VMail. The spokesperson said Classic Optical will be run as “an individual entity,” and the company’s management team, headed by Friedkin, will remain in place.

    “Managed care is a fast-growing part of the market, as managed care continues to grow, this partnership between Classic and Essilor will further enhance our offering to this segment of the market,” the spokesperson said.

    Classic Optical was founded in 1970. The company, which employs 170 people and produces more than 3,000 pairs of prescription lenses, will generate net sales of $20 million in 2013, according to Vision Monday estimates. It was ranked tenth among independent U.S. wholesale laboratories in VM’s 2012 Top Labs Report. - See more at: http://www.visionmonday.com/latest-n....w8UwYsPt.dpuf

  7. #182
    Master OptiBoarder OptiBoard Gold Supporter Judy Canty's Avatar
    Join Date
    May 2000
    Location
    Virginia Beach, VA
    Occupation
    Dispensing Optician
    Posts
    7,468
    Deleted.
    Last edited by Judy Canty; 10-01-2015 at 10:56 PM.

  8. #183
    Master OptiBoarder optical24/7's Avatar
    Join Date
    May 2006
    Location
    Down on the Farm
    Occupation
    Dispensing Optician
    Posts
    5,600
    As in Costa del mar?

  9. #184
    Master OptiBoarder
    Join Date
    Nov 2009
    Location
    Somewhere over the Colorful Spectrum of Light
    Occupation
    Dispensing Optician
    Posts
    536
    Huh????

  10. #185
    Master OptiBoarder LENNY's Avatar
    Join Date
    May 2000
    Location
    BROOKLYNSK, NY USA
    Occupation
    Dispensing Optician
    Posts
    4,340
    Why would they need Costa!?!?

  11. #186
    Doh! braheem24's Avatar
    Join Date
    Feb 2001
    Location
    KOCF & 89ft ASL
    Occupation
    Other Eyecare-Related Field
    Posts
    3,843
    Essilor Agrees to Acquire Costa, the Fastest Growing Performance Sunglass Brand in the United States

    http://online.wsj.com/article/PR-CO-...991.html?dsk=y

    I'm embarrassed to post a WSJ link.

  12. #187
    Doh! braheem24's Avatar
    Join Date
    Feb 2001
    Location
    KOCF & 89ft ASL
    Occupation
    Other Eyecare-Related Field
    Posts
    3,843
    Quote Originally Posted by LENNY View Post
    Why would they need Costa!?!?
    They're very popular in the boating community for their polarization, A foot in the door for Xperio?

  13. #188
    My Brain Hurts jpways's Avatar
    Join Date
    Oct 2008
    Location
    NW PA
    Occupation
    Dispensing Optician
    Posts
    603
    Quote Originally Posted by LENNY View Post
    Why would they need Costa!?!?
    I'd have to assume it has to do with Costa's polarized technology and they were probably blocked from just buying those patents and were forced to buy the frame company to, but am I mistaken in saying that this is Essilor's first frame company? And what's going to happen to the frames are we going to see an announcement in the coming weeks that Marchon or Luxottica is buying that license from Essilor?

  14. #189
    Doh! braheem24's Avatar
    Join Date
    Feb 2001
    Location
    KOCF & 89ft ASL
    Occupation
    Other Eyecare-Related Field
    Posts
    3,843
    Quote Originally Posted by jpways View Post
    am I mistaken in saying that this is Essilor's first frame company?

    Essilor owns FGX

    http://www.fgxi.com/brands/

  15. #190
    Master OptiBoarder LENNY's Avatar
    Join Date
    May 2000
    Location
    BROOKLYNSK, NY USA
    Occupation
    Dispensing Optician
    Posts
    4,340
    They also have their RX lab....

    FGX quality of frames is about the same as Costa. :)

  16. #191
    Doh! braheem24's Avatar
    Join Date
    Feb 2001
    Location
    KOCF & 89ft ASL
    Occupation
    Other Eyecare-Related Field
    Posts
    3,843
    This is from 2009, If someone were to make a google map of current acquisitions it would look much fuller

    Click image for larger version. 

Name:	img-1.jpg 
Views:	187 
Size:	78.7 KB 
ID:	10411

  17. #192
    Master OptiBoarder
    Join Date
    Jun 2008
    Location
    Seattle WA
    Occupation
    Optical Wholesale Lab (other positions)
    Posts
    3,137
    Quote Originally Posted by jpways View Post
    am I mistaken in saying that this is Essilor's first frame company?
    Essilor has made frames since 1955, Logo Paris was their big US presence for many years, but they pulled out of the US frame market (mostly) many years ago, however, they have inroads here and there with companies they own.... like Costa.

  18. #193
    Bad address email on file
    Join Date
    Jun 2013
    Location
    Muskegon, MI
    Occupation
    Dispensing Optician
    Posts
    4
    I find it really interesting that I took 95K a month worth of lab business to Walman. Essilor OSI didn't even call to enquire about it. Now the Varilux people are scrambling for us to still use their products since Walman is Essilors largest customer! No way no how will Lux/Essilor will get our business. Everyone pays Zeiss or Seiko ( now Hoya owned) for progressive designs. These are the 2 companies to use!

  19. #194
    Master OptiBoarder LENNY's Avatar
    Join Date
    May 2000
    Location
    BROOKLYNSK, NY USA
    Occupation
    Dispensing Optician
    Posts
    4,340
    Quote Originally Posted by JHilligan View Post
    I find it really interesting that I took 95K a month worth of lab business to Walman. Essilor OSI didn't even call to enquire about it. Now the Varilux people are scrambling for us to still use their products since Walman is Essilors largest customer! No way no how will Lux/Essilor will get our business. Everyone pays Zeiss or Seiko ( now Hoya owned) for progressive designs. These are the 2 companies to use!
    Essilor is too busy cutting SV lenses into frames that they do not sell. Making pennies for lenses and edging from eyemed!

  20. #195
    Master OptiBoarder
    Join Date
    Jun 2008
    Location
    Seattle WA
    Occupation
    Optical Wholesale Lab (other positions)
    Posts
    3,137
    Rumor has it Essilor has acquired Gold Optical Lab in Fayetteville NC, and will roll their operation into Essilor's nearby Premier Optical lab.

  21. #196
    OptiBoard Apprentice
    Join Date
    Oct 2008
    Location
    North Carolina
    Occupation
    Dispensing Optician
    Posts
    15
    Gary is denying that rumor.

  22. #197
    Rising Star misstara007's Avatar
    Join Date
    Sep 2007
    Location
    Norcal
    Occupation
    Dispensing Optician
    Posts
    63
    CSC Lab in Watsonville, CA

  23. #198
    Master OptiBoarder
    Join Date
    Jun 2008
    Location
    Seattle WA
    Occupation
    Optical Wholesale Lab (other positions)
    Posts
    3,137
    Quote Originally Posted by hasheel View Post
    Gary is denying that rumor.
    its now in the news

    http://www.ecpmag.com/1webmagazine/2...uires_Labs.asp

  24. #199
    OptiBoard Professional Lee H's Avatar
    Join Date
    Aug 2001
    Location
    NC
    Occupation
    Optical Wholesale Lab (other positions)
    Posts
    108
    Quote Originally Posted by sharpstick777 View Post


    That happened about 6 years ago if I'm not mistaken:

    http://photonics.com/Article.aspx?AID=31787

  25. #200
    Master OptiBoarder optical24/7's Avatar
    Join Date
    May 2006
    Location
    Down on the Farm
    Occupation
    Dispensing Optician
    Posts
    5,600
    Just updating the list; Coastal Contacts.

    http://www.essilor.com/en/Press/News...ages/Home.aspx

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Help! : Essilor vs. Hoya (Company Comparison)
    By jczelust in forum General Optics and Eyecare Discussion Forum
    Replies: 38
    Last Post: 03-30-2011, 09:52 PM
  2. Essilor owns Shamir now as well!
    By Craig in forum General Optics and Eyecare Discussion Forum
    Replies: 27
    Last Post: 10-18-2010, 02:37 PM
  3. Its now Official, ESSILOR owns Signet Armorlie.....................................
    By Chris Ryser in forum General Optics and Eyecare Discussion Forum
    Replies: 6
    Last Post: 04-05-2010, 03:37 PM
  4. Live Eyewear, Inc. Purchased by Company President
    By Newsroom in forum Optical Industry News
    Replies: 0
    Last Post: 12-21-2008, 08:36 PM
  5. Essilor purchased by Luxottica
    By Spexvet in forum General Optics and Eyecare Discussion Forum
    Replies: 19
    Last Post: 04-04-2005, 12:45 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •