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Essilor Acquires Prescription Laboratories in the United Kingdom and the United States

CHARENTON-LE-PONT, France, December 6 /PRNewswire-FirstCall/ -- Essilor has strengthened its prescription laboratory network in Europe with the acquisition of majority stakes in Sinclair Optical Services and United Optical, two independent laboratories in the United Kingdom. The Company has also acquired Premier Optics, Inc., Gold Optical Enterprises, Inc. and GK Optical in the United States.

Based in Gloucester, England, Sinclair Optical serves the entire English market with a broad array of products that includes stock lenses, prescription lenses and surface treatments. Its full-year sales amount to EUR8 million. United Optical is located in Belfast, North Ireland. It also operates a subsidiary in Athlone, Ireland that specializes in the edging and mounting of prescription safety lenses. United Optical generates full-year revenue of around EUR5.8 million.

In the United States, Essilor of America has acquired the assets of Premier Optics, Inc. and Gold Optical Enterprises, Inc., two prescription laboratories located, respectively, in Belmont and Fayetteville, North Carolina. Essilor has also acquired GK Optical, a group of two prescription laboratories in Greenwood and Fort Wayne, Indiana. The three companies' combined full-year revenue totals $8.5 million.

Essilor International is the world leader in ophthalmic optical products, offering a wide range of lenses under the flagship Varilux(R), Crizal(R), Essilor(R) and Definity(TM) brands to correct myopia, hyperopia, presbyopia and astigmatism. Essilor operates worldwide through 15 production sites, 244 lens finishing laboratories and local distribution networks. The Essilor share trades on the Euronext Paris market and is included in the CAC 40 index. Codes and symbols: ISIN: FR 0000121667; Reuters: ESSI.PA; Bloomberg: EF:FP.


Investor Relations and Financial Communications

Veronique Gillet

Phone: +33-1-49-77-42-16

SOURCE Essilor
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