M&A Deal Summary

EssilorLuxottica Acquires Coastal Contacts

On April 27, 2014, EssilorLuxottica acquired e-commerce company Coastal Contacts for 430M USD

Acquisition Highlights
  • This is EssilorLuxottica’s 1st transaction in the E-Commerce sector.
  • This is EssilorLuxottica’s 4th largest (disclosed) transaction.
  • This is EssilorLuxottica’s 4th transaction in Canada.
  • This is EssilorLuxottica’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2014-04-27
Target Coastal Contacts
Sector E-Commerce
Buyer(s) EssilorLuxottica
Deal Type Add-on Acquisition
Deal Value 430M USD

Target

Coastal Contacts

Vancouver, British Columbia, Canada
Coastal Contacts, Inc. is a manufacturer and digital retailer of high-quality glasses and contact lenses.

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Buyer(S) 1

Buyer

EssilorLuxottica

Paris, France
Category Company
Founded 1849
Sector Consumer Products
Employees151,292
Revenue 25.4B EUR (2023)
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 43 of 57
Sector (E-Commerce) 1 of 1
Type (Add-on Acquisition) 33 of 40
State (British Columbia) 1 of 1
Country (Canada) 4 of 4
Year (2014) 9 of 9
Size (of disclosed) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-01 Transitions Optical

Pinellas Park, Florida, United States

Transitions Optical, Inc. is a provider of photochromics to optical manufacturers, Transitions Optical offers state-of-the-art light management technology in virtually every major lens design and material encompassing a family of everyday adaptive lenses and performance sun lenses.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-22 Infinity Vision Alliance

West Covina, California, United States

Infinity Vision Alliance, Inc. represents a growing coalition of independent eye care providers currently located in over 40 States with 700 locations throughout the mainland United States, Alaska & Hawaii. Company size, influence and affiliation with PERC (sister company) allows us to negotiate incredible programs for the individual members as a collective multi-million dollar group. No minimum orders are required for IVA members receive 100% of their discount. IVA is an excellent choice for all eye care professionals empowering them to compete in today's competitive marketplace.

Buy -
Mergr

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