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  5. EssilorLuxottica Acquires L N Optic s.a.r.l.

M&A Deal Summary

EssilorLuxottica Acquires L N Optic s.a.r.l.

On March 15, 2011, EssilorLuxottica acquired consumer products company L N Optic s.a.r.l.

Acquisition Highlights
  • This is EssilorLuxottica’s 11th transaction in the Consumer Products sector.
  • This is EssilorLuxottica’s 1st transaction in Morocco.

M&A Deal Summary
Date 2011-03-15
Target L N Optic s.a.r.l.
Sector Consumer Products
Buyer(s) EssilorLuxottica
Deal Type Add-on Acquisition

Target

L N Optic s.a.r.l.

Tangier,, Morocco
L'N Optic s.a.r.l. is engaged in the distribution of optical products and operates as a prescription laboratory.

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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 16 of 63
Sector: Consumer Products M&A 11 of 43
Type: Add-on Acquisition M&A Deals 10 of 46
Country: Morocco M&A 1 of 3
Year: 2011 M&A 9 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-27 Embrapol Sul Brasileira

Curitiba, Brazil

Embrapol Sul Brasileira Ltda. engages in the manufacturing and selling of optical products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-05 SIVO SA

Sfax, Tunisia

SIVO SA is engaged in the manufacturing and distributing of optical lenses.

Buy -
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