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  5. EssilorLuxottica Acquires Isbir Optik A.S.

M&A Deal Summary

EssilorLuxottica Acquires Isbir Optik A.S.

On April 19, 2013, EssilorLuxottica acquired consumer products company Isbir Optik A.S.

Acquisition Highlights
  • This is EssilorLuxottica’s 22nd transaction in the Consumer Products sector.
  • This is EssilorLuxottica’s 1st transaction in Turkey.

M&A Deal Summary
Date 2013-04-19
Target Isbir Optik A.S.
Sector Consumer Products
Buyer(s) EssilorLuxottica
Deal Type Add-on Acquisition

Target

Isbir Optik A.S.

Ankara, Turkey
Isbir Optik A.S. is engages in the manufacturing and distributing of ophthalmic lenses.

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Buyer(S) 1

Buyer

EssilorLuxottica

Paris, France
Category Company
Founded 1849
Sector Consumer Products
Employees200,076
Revenue 26.5B EUR (2024)
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 27 of 63
Sector: Consumer Products M&A 22 of 43
Type: Add-on Acquisition M&A Deals 19 of 46
Country: Turkey M&A 1 of 1
Year: 2013 M&A 2 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-18 Servi Optica Sociedad

Bogota, Colombia

Servi Optica Sociedad Ltda operates as an ophthalmic lenses prescription laboratory.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-12 Onbitt

South Korea

Onbitt is a manufacturer of polarized films for ophthalmic lenses.

Buy -
Mergr

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