M&A Deal Summary

EssilorLuxottica Acquires Washin

On April 9, 2024, EssilorLuxottica acquired consumer products company Washin

Acquisition Highlights
  • This is EssilorLuxottica’s 41st transaction in the Consumer Products sector.
  • This is EssilorLuxottica’s 1st transaction in Japan.

M&A Deal Summary
Date 2024-04-09
Target Washin
Sector Consumer Products
Buyer(s) EssilorLuxottica
Deal Type Add-on Acquisition

Target

Washin

Tokyo, Japan
website
Washin is a comprehensive eyeglasses specialty company that operates a wide range of businesses, including wholesale, trading, and franchise chain management, with a focus on the retail business of glasses, contact lenses, hearing aids, and optical equipment from private brands to various domestic and foreign brands. Washin was formed in 1951 and is based in Tokyo, Japan.

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Buyer(S) 1

Buyer

EssilorLuxottica

Paris, France

website

Category Company
Founded 1849
Sector Consumer Products
Employees144,888
Revenue 24.5B EUR (2022)
DESCRIPTION

EssilorLuxottica is a provider of vision solutions and design to manufacture, the group develops a wide range of lenses to correct and protect eyesight. EssilorLuxottica was founded in 1849 and is based in Paris, France.

DEAL STATS #
Overall 55 of 55
Sector (Consumer Products) 41 of 41
Type (Add-on Acquisition) 39 of 39
Country (Japan) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-25 Walman

Minneapolis, Minnesota, United States

Formed in 1915, Walman is focused on providing eye care services for patients. It delivers the speed, accuracy, and service ECPs need and deserve to ensure their patients know they are the only choice for their eye care. Walman is based in Minneapolis, Minnesota.

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