EssilorLuxottica - M&A Summary and Business Overview

Consumer ProductsCompany

EssilorLuxottica M&A Summary

EssilorLuxottica has acquired 59 companies, including 6 in the last 5 years. A total of 5 acquisitions came from private equity firms. It has also divested 1 asset.

EssilorLuxottica’s largest acquisition to date was in 2017, when it acquired Luxottica Group for $51.8B. It’s largest disclosed sale occurred in 2010, when it sold Sperian Protection S.A. to Honeywell International for $1.4B. EssilorLuxottica has acquired in 11 different US states, and 24 countries. The Company’s most targeted sectors include consumer products (72%) and healthcare services (8%).

EssilorLuxottica Business Overview

Where is EssilorLuxottica headquartered?

EssilorLuxottica is headquartered in Paris, France.

What is EssilorLuxottica’s revenue?

EssilorLuxottica disclosed revenue of 25,395M EUR for 2023 and 24,494M EUR for 2022.

How many employees does EssilorLuxottica have?

EssilorLuxottica has 151,292 employees.

What sector is EssilorLuxottica in?

EssilorLuxottica is a consumer products company.

When was EssilorLuxottica founded?

EssilorLuxottica was founded in 1849.

M&A Summary

  • M&A Total Activity58
    • M&A Buy Activity57
    • M&A Sell Activity1
  • Total Sectors Invested 9
  • Total Countries Invested 24
  • M&A Buy/Sell Connections 10
  • M&A Advisors 5

EssilorLuxottica

EssilorLuxottica SA

1-5 rue Paul CEzanne,
Paris, 75008
France,
+33 1 49 77 42 16
www.essilorluxottica.com

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.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.0/yr) # 52 - 2 - - 3 57
vol $53.2B $1.5B $54.7B
Sell (0.0/yr) # 1 - - - - - 1
vol $1.4B $1.4B
  58

Most Recent M&A

Company Date Value Type
Supreme 2024-07-17 1.5B USD Divestiture
New York, New York · www.supreme.com
Heidelberg Engineering GmbH 2024-07-17 - Add-on Acquisition
Heidelberg, Germany · www.heidelbergengineering.com
Washin Co., Ltd. 2024-04-09 - Add-on Acquisition
Tokyo, Japan · www.washin-optical.co.jp
Walman Optical Co. 2021-03-25 - Add-on Acquisition
Minneapolis, Minnesota · www.walmanoptical.com
SightGlass Vision, Inc. 2021-02-03 - Joint Venture
Palo Alto, California · www.sightglassvision.com
GrandVision N.V. 2019-07-31 - Stake Purchase
Schiphol, Netherlands · www.grandvision.com
Team Effort Optical 2017-07-07 - Add-on Acquisition
Oklahoma City, Oklahoma · www.teameffortoptical.com
Luxottica Group S.p.A. 2017-01-16 51.8B EUR Merger
Milan, Italy · www.luxottica.com
MyOptique Group Ltd. 2016-08-16 - Add-on Acquisition
London, United Kingdom · www.myoptiquegroup.com
VisionDirect.co.uk 2016-02-23 - Divestiture
London, United Kingdom · www.visiondirect.co.uk
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Essilor of America, Inc.    - Vision Source LP 2015-07-30 8
Dallas,, Texas · www.essilorusa.com Kingwood, Texas · www.visionsource.com
FGX International, Inc. 2009-12-16 Stylemark, Inc. 2011-12-14 4
Smithfield, Rhode Island · www.fgxi.com Ormond Beach, Florida · www.stylemark.net

M&A by Sector

Sector Buy # Value Sell # Value
Consumer Products 41 (72%) 52.4B (96%) 1 (100%) 1.4B (100%)
Healthcare Services 4 (7%) 130M (< 1%) - -
Distribution 3 (5%) - - -
Apparel/Textiles 2 (4%) 1.8B (3%) - -
Machinery 2 (4%) - - -
Retail 2 (4%) - - -
E-Commerce 1 (2%) 430M (1%) - -
Internet Software and Services 1 (2%) - - -
Software 1 (2%) - - -
Total 57 $54.7B 1 $1.4B

By Geo

State/Country Buy Value Sell Value
United States 16 2.3B - -
  California 5 - - -
  Rhode Island 2 835M - -
  Virginia 1 - - -
  Oklahoma 1 - - -
  New York 1 1.5B - -
  Missouri 1 - - -
  Minnesota 1 - - -
  Michigan 1 - - -
  Florida 1 - - -
  Arkansas 1 - - -
Brazil 7 - - -
Canada 4 430M - -
  Ontario 3 - - -
  British Columbia 1 430M - -
China 4 - - -
France 2 - 1 1.4B
Morocco 3 - - -
Germany 2 - - -
South Africa 2 - - -
United Kingdom 2 - - -
Australia 1 - - -
Colombia 1 - - -
Dominican Republic 1 - - -
India 1 - - -
Israel 1 130M - -
Italy 1 51.8B - -
Japan 1 - - -
Netherlands 1 - - -
Poland 1 - - -
Singapore 1 - - -
South Korea 1 - - -
Spain 1 - - -
Switzerland 1 - - -
Tunisia 1 - - -
Turkey 1 - - -
Domestic 2 (4%) - 1 (100%) 1.4B (100%)
Cross-border 55 (96%) 54.7B (100%) - -
Total 57 $54.7B 1 $1.4B

Top M&A Advisors

Financial Deals
Rothschild Global Advisory
1
Citigroup Investment Banking
1
J.P. Morgan Securities
1
Legal Deals
Latham & Watkins
1
Cleary Gottlieb Steen & Hamilton
1

Deal Values

buy # Total
> $1B 2 $53.3B
$100M to $1B 4 $1.4B
TOTAL $54.7B
Largest Luxottica Group S.p.A.
$51.8B (2017-01-16)
sell # Total
> $1B 1 $1.4B
TOTAL $1.4B
Largest Sperian Protection S.A.
$1.4B (2010-05-19)

M&A Connections

Deals
Acquired from
Investor(s)
5%
3 (5%)
Strategic(s)
4%
2 (4%)
Divested to
Strategic(s)
100%
1 (100%)

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Consumer Products Companies , France Companies