M&A Deal Summary

EssilorLuxottica Acquires Luxottica Group

On January 16, 2017, EssilorLuxottica acquired consumer products company Luxottica Group for 46.0B EUR

Acquisition Highlights
  • This is EssilorLuxottica’s 38th transaction in the Consumer Products sector.
  • This is EssilorLuxottica’s largest (disclosed) transaction.
  • This is EssilorLuxottica’s 1st transaction in Italy.

M&A Deal Summary
Date 2017-01-16
Target Luxottica Group
Sector Consumer Products
Buyer(s) EssilorLuxottica
Deal Type Merger
Deal Value 46.0B EUR
Advisor(s) Mediobanca S.p.A. (Financial)
Bredin Prat
BonelliErede (Legal)

Target

Luxottica Group

Milan, Italy
Luxottica's North American headquarters in Mason, Ohio.
Luxottica's North American headquarters in Mason, Ohio.
Luxottica is a global producer, distributor, and retailer of sun and prescription eyewear. Luxottica Group S.p.A. was formed in 1961 and is based in Milan, Italy.

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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 50 of 57
Sector (Consumer Products) 38 of 41
Type (Merger) 1 of 1
Country (Italy) 1 of 1
Year (2017) 1 of 2
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-16 MyOptique Group

London, United Kingdom

MyOptique Group Ltd. is an online optical segment with a full offering covering all three major segments in the eyewear market prescription glasses, contact lenses and sunglasses via its Glasses Direct, Sunglasses Shop, LensOn and MyOptique websites.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-07 Team Effort Optical

Oklahoma City, Oklahoma, United States

Team Effort Optical is a full service laboratory with conventional and digital surfacing. Team Effort Optical was established in 1984 and is headquartered in Oklahoma City, Oklahoma.

Buy -
Mergr

Product

Company

Legal