M&A Deal Summary

EssilorLuxottica Acquires Sutherlin Optical

On June 20, 2007, EssilorLuxottica acquired consumer products company Sutherlin Optical

Acquisition Highlights
  • This is EssilorLuxottica’s 1st transaction in the Consumer Products sector.
  • This is EssilorLuxottica’s 1st transaction in the United States.
  • This is EssilorLuxottica’s 1st transaction in Missouri.

M&A Deal Summary

Date 2007-06-20
Target Sutherlin Optical
Sector Consumer Products
Buyer(s) EssilorLuxottica
Deal Type Add-on Acquisition

Target

Sutherlin Optical

Kansas City, Missouri, United States
Sutherlin Optical, Inc. is a manufacturer of lenses in the United States.

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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 2 of 57
Sector (Consumer Products) 1 of 41
Type (Add-on Acquisition) 2 of 40
State (Missouri) 1 of 1
Country (United States) 1 of 16
Year (2007) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-06-05 Loh Optikmaschinen

Germany

Loh Optikmaschinen GmbH is a manufacture of ophthalmic lens surfacing machines.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-16 FGX International

Smithfield, Rhode Island, United States

FGX International Holdings Limited is a designer and marketer of non-prescription reading glasses and sunglasses.

Buy $565M