Navigation Links
Essilor Agrees to Acquire Signet Armorlite
Date:1/14/2009

CHARENTON-LE-PONT, France, January 15 /PRNewswire-FirstCall/ -- Essilor International announced today that its US subsidiary, EOA Holding Co. Inc., has signed a share purchase agreement whereby it has offered to acquire the entire capital of Signet Armorlite, a manufacturer of ophthalmic lenses. The agreement is subject to certain standard conditions precedent, including approval by competition authorities in Signet Armorlite's main host countries. The acquisition is expected to be completed in the first half of the year.

Headquartered in California in the United States, it has revenues of over $130 million, approximately 900 employees, one manufacturing plant in Mexico, four prescription laboratories in the United States and Europe, and three distribution centers in Canada, Portugal and the Netherlands.

Signet Armorlite specializes in entry-level and mid-range products for independent eyecare professionals and integrated retailers. It also manufactures lenses under the Kodak brand, for which it is the exclusive licensed manufacturer and distributor. Led by its current management team, Signet Armorlite will continue to produce, market and distribute ophthalmic lenses under the Kodak brand.

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(r) brands to correct myopia, hyperopia, presbyopia and astigmatism. Essilor operates worldwide through 15 production sites, 270 lens finishing laboratories and local distribution networks. The Essilor share trades on the Euronext Paris market and is included in the CAC 40 index. (ISIN: FR 0000121667; Reuters: ESSI.PA; Bloomberg: EI:FP).

    Investor Relations and Financial Communications
    Veronique Gillet - Sebastien Leroy
    Phone: +33(0)1-49-77-42-16
   http://www.essilor.com


'/>"/>
SOURCE Essilor
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Essilor Steps Up its Development in Eastern Europe
2. Essilor - First-Half 2008 Revenue
3. Essilor Agrees to Acquire Satisloh The World Leader in Optical Manufacturing Solutions
4. Essilors 2008 First-Quarter Report
5. Essilor Strengthens its Positions in Italy - Three New Acquisitions in the United States
6. Essilor : 2007 Results
7. Essilor Enters Bulgarian Market
8. Essilor Acquires Prescription Laboratories in the United Kingdom and the United States
9. Essilor Strengthens its Polarized Lens Distribution Network With the Acquisition of KBco
10. Genstar Capital Launches New Senior Care Services Platform UniVita Health and Agrees to Acquire Outsourced Insurance Services Provider, Long Term Care Group
11. China Healthcare Acquisition Corp Agrees to Terminate Agreement to Acquire Europe Asia Huadu Environment Holding Pte, Ltd.
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/6/2016)... ... May 06, 2016 , ... The Price Agency in ... support and assist the people of their local community. The agency pledges to ... community leaders. Their desire is to bring awareness to important local causes with ...
(Date:5/6/2016)... , ... May 06, 2016 , ... A wide variety of national pet product manufacturers, ... Garden and Safety Media Showcase Wednesday, May 18 from noon to 8 p.m. at New ... sneak peek at new and established home, garden, outdoor and safety pet products in today’s ...
(Date:5/6/2016)... , ... May 06, 2016 , ... Online HR/benefits platforms ... are changing the game for traditional brokers and health plans. “ The Rapid Emergence ... 17 webinar from Atlantic Information Services, Inc. (AIS), will offer an accurate picture of ...
(Date:5/6/2016)... ... May 06, 2016 , ... Expert ... . , Since launching in September, 2014 Sleepopolis has resided at Sleepopolis-mattress-reviews.com ... now include pillows, sheets, mattress toppers, bed frames, and more. , Founder and ...
(Date:5/6/2016)... (PRWEB) , ... May 06, 2016 , ... This Mother’s ... for women everywhere. The 17th annual National Women’s Health Week takes place ... on Women’s Health are combining forces to empower women to make their health a ...
Breaking Medicine News(10 mins):
(Date:5/4/2016)... 4, 2016 Research ... "Global Acute lymphocytic Leukemia Market and Competitive ... offering.       (Logo: http://photos.prnewswire.com/prnh/20160330/349511LOGO ... Leukemia Market and Competitive Landscape Highlights 2016, ... pipeline products, Acute Lymphocytic Leukemia epidemiology, Acute ...
(Date:5/3/2016)... Research and Markets has announced ... Therapy Market Outlook 2020" report to their offering. ... ,Recombinant technology has improved significantly in past years due ... in coming years. Many cancer drugs have been developed ... are also expected to be developed with its help. ...
(Date:5/3/2016)... ACME Markets, Delaware County ... Councilman Dave White announced today the availability ... pharmacies across Delaware County . According ... has saved 26,463 lives nationwide over the past 20 years. Since ... were authorized to administer naloxone to overdose victims, 244 lives ...
Breaking Medicine Technology: