Investment Summary

EssilorLuxottica Invests In Danyang ILT Optics Co.

On January 22, 2010, EssilorLuxottica invested in consumer products company Danyang ILT Optics Co.

Investment Highlights
  • This is EssilorLuxottica’s 3rd transaction in the Consumer Products sector.
  • This is EssilorLuxottica’s 1st transaction in China.

Investment Summary

Date 2010-01-22
Target Danyang ILT Optics Co.
Sector Consumer Products
Investor(s) EssilorLuxottica
Deal Type Stake Purchase

Target

Danyang ILT Optics Co.

China
Danyang ILT Optics Co. Ltd. is a manufacture of ophthalmic lens.

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Investor(S) 1

Investor

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 4 of 63
Sector: Consumer Products M&A 3 of 43
Type: Stake Purchase M&A Deals 1 of 10
Country: China M&A 1 of 4
Year: 2010 M&A 1 of 4
PREVIOUS 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-08 Eyebiz Laboratories Pty

Sydney,, Australia

Eyebiz Laboratories Pty Limited engages in processing, finishing, and distribution of ophthalmic lens.

Buy -