M&A Deal Summary

EssilorLuxottica Acquires Costa

On November 9, 2013, EssilorLuxottica acquired apparel/textiles company Costa for 270M USD

Acquisition Highlights
  • This is EssilorLuxottica’s 1st transaction in the Apparel/Textiles sector.
  • This is EssilorLuxottica’s 5th largest (disclosed) transaction.
  • This is EssilorLuxottica’s 6th transaction in the United States.
  • This is EssilorLuxottica’s 2nd transaction in Rhode Island.

M&A Deal Summary

Date 2013-11-09
Target Costa
Sector Apparel/Textiles
Buyer(s) EssilorLuxottica
Deal Type Add-on Acquisition
Deal Value 270M USD
Advisor(s) D.A. Davidson & Co. (Financial)
Weil Gotshal & Manges (Legal)

Target

Costa

Lincoln, Rhode Island, United States
Costa, Inc. is a sports sunglass brands Costa and Native Eyewear.

Search 200,197 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 34 of 57
Sector (Apparel/Textiles) 1 of 2
Type (Add-on Acquisition) 24 of 40
State (Rhode Island) 2 of 2
Country (United States) 6 of 16
Year (2013) 9 of 9
Size (of disclosed) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-01 Interactif Visuel Système

Paris, France

Interactif Visuel Système designs, develops and sells sales support and ophthalmic measurement solutions under the Activisu brand.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-10 Riverside Opticalab

Ottawa,, Ontario, Canada

Riverside Opticalab is engages in the designs, manufactures, and supplies high definition optical lenses.

Buy -