M&A Deal Summary

EssilorLuxottica Acquires Walman

On March 25, 2021, EssilorLuxottica acquired healthcare services company Walman

Acquisition Highlights
  • This is EssilorLuxottica’s 4th transaction in the Healthcare Services sector.
  • This is EssilorLuxottica’s 15th transaction in the United States.
  • This is EssilorLuxottica’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2021-03-25
Target Walman
Sector Healthcare Services
Buyer(s) EssilorLuxottica
Deal Type Add-on Acquisition

Target

Walman

Minneapolis, Minnesota, United States
Formed in 1915, Walman is focused on providing eye care services for patients. It delivers the speed, accuracy, and service ECPs need and deserve to ensure their patients know they are the only choice for their eye care. Walman is based in Minneapolis, Minnesota.

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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 54 of 57
Sector (Healthcare Services) 4 of 4
Type (Add-on Acquisition) 38 of 40
State (Minnesota) 1 of 1
Country (United States) 15 of 16
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-03 SightGlass Vision

Palo Alto, California, United States

SightGlass Vision is a life sciences company focused on developing innovative spectacle lenses to reduce the progression of myopia in children. SightGlass Vision is based in Palo Alto, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-09 Washin

Tokyo, Japan

Washin is a comprehensive eyeglasses specialty company that operates a wide range of businesses, including wholesale, trading, and franchise chain management, with a focus on the retail business of glasses, contact lenses, hearing aids, and optical equipment from private brands to various domestic and foreign brands. Washin was formed in 1951 and is based in Tokyo, Japan.

Buy -
Mergr

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