M&A Deal Summary

HOYA Acquires Vision-Ease Lens

On October 12, 2016, HOYA acquired consumer products company Vision-Ease Lens from Performance Optics

Acquisition Highlights
  • This is HOYA’s 4th transaction in the Consumer Products sector.
  • This is HOYA’s 4th transaction in the United States.
  • This is HOYA’s 2nd transaction in Minnesota.

M&A Deal Summary
Date 2016-10-12
Target Vision-Ease Lens
Sector Consumer Products
Buyer(s) HOYA
Sellers(s) Performance Optics
Deal Type Divestiture

Target

Vision-Ease Lens

Ramsey, Minnesota, United States
Vision-Ease Lens, Inc. (Vision Ease) is a developer, manufacturer and marketer of ophthalmic lenses. It offers photochromic, light-responsive, polarized, and progressive line-free lenses; and lenses in polycarbonate, plastic, and glass materials.

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Buyer(S) 1

Buyer

HOYA

Tokyo, Japan
Category Company
Founded 1941
Sector Electronics
Employees35,702
Revenue 792.6B JPY (2024)
DESCRIPTION

HOYA is a manufacturing optical products such as photomasks, photomask blanks and glass magnetic-memory disks, contact lenses and eyeglass lenses using wavefront technology. HOYA was founded in 1941 and is based in Tokyo, Japan.

DEAL STATS #
Overall 6 of 6
Sector (Consumer Products) 4 of 4
Type (Divestiture) 2 of 2
State (Minnesota) 2 of 2
Country (United States) 4 of 4
Year (2016) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-12 Daemyung Optical

Daejeon, South Korea

Daemyung Optical Co., Ltd. is an optical lens manufacturer in Korea, and specializes in cast high-index lenses.

Buy -

Seller(S) 1

SELLER

Performance Optics

Ramsey, Minnesota, United States
Category Company
Sector Consumer Products
DESCRIPTION

Performance Optics LLC is a global ophthalmic lens manufacturer specializing in polycarbonate, photochromic, polarized and high index eyeglass lenses.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-04 Vision-Ease Lens

Ramsey, Minnesota, United States

Vision-Ease Lens, Inc. (Vision Ease) is a developer, manufacturer and marketer of ophthalmic lenses. It offers photochromic, light-responsive, polarized, and progressive line-free lenses; and lenses in polycarbonate, plastic, and glass materials.

Buy -
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