M&A Deal Summary

EssilorLuxottica Acquires Onbitt

On June 12, 2013, EssilorLuxottica acquired consumer products company Onbitt

Acquisition Highlights
  • This is EssilorLuxottica’s 23rd transaction in the Consumer Products sector.
  • This is EssilorLuxottica’s 1st transaction in South Korea.

M&A Deal Summary

Date 2013-06-12
Target Onbitt
Sector Consumer Products
Buyer(s) EssilorLuxottica
Deal Type Add-on Acquisition

Target

Onbitt

South Korea
Onbitt is a manufacturer of polarized films for 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 28 of 63
Sector: Consumer Products M&A 23 of 43
Type: Add-on Acquisition M&A Deals 20 of 46
Country: South Korea M&A 1 of 1
Year: 2013 M&A 3 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-19 Isbir Optik A.S.

Ankara, Turkey

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

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-19 PSA Nilo

Brazil

PSA Nilo is engaged in the prescription laboratories.

Buy -