M&A Deal Summary |
|
|---|---|
| Date | 2001-02-22 |
| Target | Sunglass Hut International |
| Sector | Retail |
| Buyer(s) | Luxottica Group |
| Deal Type | Add-on Acquisition |
| Deal Value | 462M USD |
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| Category | Company |
|---|---|
| Founded | 1961 |
| Sector | Consumer Products |
| Employees | 79,000 |
| Revenue | 8.8B EUR (2015) |
Luxottica is a global producer, distributor, and retailer of sun and prescription eyewear. Luxottica Group S.p.A. was formed in 1961 and is based in Milan, Italy.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 13 |
| Sector (Retail) | 2 of 6 |
| Type (Add-on Acquisition) | 3 of 10 |
| State (Ohio) | 2 of 3 |
| Country (United States) | 3 of 5 |
| Year (2001) | 1 of 1 |
| Size (of disclosed) | 4 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-04-29 |
Bausch & Lomb - Sunglass Business
Bridgewater, New Jersey, United States Bausch & Lomb's sunglass business includes the Ray Ban, Arnette, Revo and Killer Loop brands. |
Buy | $640M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-10-01 |
Cole National
Mason, Ohio, United States Cole National Corporation's vision business, together with Pearle franchisees, has 2,197 locations in the U.S., Canada, Puerto Rico and the Virgin Islands and includes Cole Managed Vision, one of the largest managed vision care benefit providers with multiple provider panels and nearly 20,000 practitioners. Cole's personalized gift business, Things Remembered, serves customers through 728 locations nationwide, catalogs, and the Internet at www.thingsremembered.com. Cole also has a 21% interest in Pearle Europe, which has 1,480 optical stores in Austria, Belgium, Denmark, Estonia, Finland, Germany, Italy, Kuwait, Norway, the Netherlands, Poland, Portugal, Russia and Sweden. |
Buy | $401M |
