M&A Deal Summary

EssilorLuxottica Acquires Professional Ophthalmic Laboratories

On January 6, 2012, EssilorLuxottica acquired consumer products company Professional Ophthalmic Laboratories

Acquisition Highlights
  • This is EssilorLuxottica’s 17th transaction in the Consumer Products sector.
  • This is EssilorLuxottica’s 5th transaction in the United States.
  • This is EssilorLuxottica’s 1st transaction in Virginia.

M&A Deal Summary

Date 2012-01-06
Target Professional Ophthalmic Laboratories
Sector Consumer Products
Buyer(s) EssilorLuxottica
Deal Type Add-on Acquisition

Target

Professional Ophthalmic Laboratories

Roanoke, Virginia, United States
Professional Ophthalmic Laboratories, Inc. operates as a manufacturer and wholesaler of optical goods.

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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 22 of 57
Sector (Consumer Products) 17 of 41
Type (Add-on Acquisition) 14 of 40
State (Virginia) 1 of 1
Country (United States) 5 of 16
Year (2012) 6 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-06 CSC Laboratories

Watsonville,, California, United States

CSC Laboratories is a independent wholesale optical laboratories. Offering competitive pricing and superior customer service, CSC now provides a complete array of RX fulfillment services all under one roof.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-24 Reize Optik AG

Trimbach,, Switzerland

Reize Optik AG is a manufacture of optical lenses. The company also operates prescription lens laboratory.

Buy -