M&A Deal Summary

EssilorLuxottica Acquires Shamir Optical Industry

On October 18, 2010, EssilorLuxottica acquired healthcare services company Shamir Optical Industry for 130M USD

Acquisition Highlights
  • This is EssilorLuxottica’s 2nd transaction in the Healthcare Services sector.
  • This is EssilorLuxottica’s 6th largest (disclosed) transaction.
  • This is EssilorLuxottica’s 1st transaction in Israel.

M&A Deal Summary

Date 2010-10-18
Target Shamir Optical Industry
Sector Healthcare Services
Buyer(s) EssilorLuxottica
Deal Type Joint Venture
Deal Value 130M USD

Target

Shamir Optical Industry

Upper Galilee, Israel
Shamir Optical Industry, Ltd. is a manufacturers of high-quality progressive and single vision lenses and molds.

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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 7 of 59
Sector (Healthcare Services) 2 of 4
Type (Joint Venture) 2 of 4
Country (Israel) 1 of 1
Year (2010) 4 of 4
Size (of disclosed) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-19 Sperian Protection S.A.

Paris, France

Sperian Protection S.A., services in personal protective equipment (hearing, eye, respiratory and fall protection, gloves, clothing and footwear) resolutely geared towards international markets. The Group offers innovative products adapted to high-risk environments so that workers in the manufacturing and services industries can work with confidence.

Sell $1.4B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-13 Zhenjiang Wanxin Optical Glasses

Danyang, China

Wanxin Optical, is a Chinese manufacturer of ophthalmic lenses.

Buy -