M&A Deal Summary

ABB Optical Group Acquires Diversified Ophthalmics

On October 21, 2016, ABB Optical Group acquired distribution company Diversified Ophthalmics

Acquisition Highlights
  • This is ABB Optical Group’s 2nd transaction in the Distribution sector.
  • This is ABB Optical Group’s 2nd transaction in the United States.
  • This is ABB Optical Group’s 1st transaction in Ohio.

M&A Deal Summary

Date 2016-10-21
Target Diversified Ophthalmics
Sector Distribution
Buyer(s) ABB Optical Group
Deal Type Add-on Acquisition

Target

Diversified Ophthalmics

Cincinnati, Ohio, United States
Diversified Ophthalmics, Inc. is a distributor of soft lenses, ophthalmic products, sunglasses, frames, and equipment in the United States

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Buyer(S) 1

Buyer

ABB Optical Group

Coral Springs, Florida, United States

Category Company
Founded 1989
Sector Distribution
DESCRIPTION

ABB Optical Group is a distributor of optical products in the United States. The company supplies nearly two-thirds of eye care professionals across the country with brand name contact lenses, fully customizable gas permeable and custom specialty soft contact lenses, ophthalmic lenses and more. ABB Optical Group was founded in 1989 and is headquartered in Coral Springs, Florida.


DEAL STATS #
Overall 2 of 2
Sector: Distribution M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Ohio M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-21 MidSouth Premier Ophthalmics

Memphis, Tennessee, United States

MidSouth Premier Ophthalmics LLC is a distributor of soft lenses, ophthalmic products, sunglasses, frames, and equipment in the United States.

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