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

  1. #276
    Manuf. Lens Surface Treatments
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    Redhot Jumper ..........that is the sad part,

    Quote Originally Posted by DNICKELLII View Post

    A lot of good people that have been working for that company for decades while it was independent, now have uncertain futures.

    ..........that is the sad part, that these people have lost their steady job as in most other smaller labs, that they closed in the USA and Canada.

    However the newly formed super corporation now has over 150,000 employed, worldwide, including over 10,000+ retail stores, as well as the largest block of online retail optical s.

  2. #277
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    Don't know how long they have owned us...Signet armorlite/ Kodak but now they have joined Luxoticca it wont be long until they own all of us. Yet monopolies commisions all around the world keep allowing these mega mergers?? how big do you have to be before you have a monopoly?

  3. #278
    Manuf. Lens Surface Treatments
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    Redhot Jumper

    Quote Originally Posted by MOZEE View Post

    Yet monopolies commisions all around the world keep allowing these mega mergers?? how big do you have to be before you have a monopoly?
    If you are the only one you have a monopoly, if there are many, you need a large majority.

    It is actually a commercial war, without any guns but the commercial power to squeeze others out of business if they do not follow your orders.

  4. #279
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    Does anybody know if any company that has been bought out and then shuttered by Essilor has tried to buy themselves back out to prevent the closure?
    "Good judgment comes from experience, and a lot of that comes from bad judgment."

    Will Rogers

  5. #280
    Master OptiBoarder LENNY's Avatar
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    Quote Originally Posted by DNICKELLII View Post
    Does anybody know if any company that has been bought out and then shuttered by Essilor has tried to buy themselves back out to prevent the closure?
    Why?
    You can start free all over again after non compete is done like Optogenics/US optical did....

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  7. #282
    Master OptiBoarder OptiBoard Gold Supporter Judy Canty's Avatar
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    I'm shocked, I tell you...SHOCKED!

  8. #283
    Eyes eastward... Uilleann's Avatar
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    Doesn't change anything I expect. I actually thought they had majority or full ownership years and years ago anyway. *shrug* Still solid lens designs.

  9. #284
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    Not shocked. Name a company and Essilor/Luxottica will try to own it or get it to close. This whole business has gotten to be that way. Around here all the offices are getting sold to My Eye Dr or other similar groups. There's hardly any independent business anymore. Young people don't want them and older people want to retire.

  10. #285
    Master OptiBoarder OptiBoard Silver Supporter ak47's Avatar
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    Quote Originally Posted by Uilleann View Post
    Doesn't change anything I expect. I actually thought they had majority or full ownership years and years ago anyway. *shrug* Still solid lens designs.

    Hmmm....but will we only be able to get Shamir designs directly thru Essilor labs going forward ?

  11. #286
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    Quote Originally Posted by ak47 View Post
    Hmmm....but will we only be able to get Shamir designs directly thru Essilor labs going forward ?
    That certainly wouldn't suprise me.

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