Navigation Links
Essilor Enters Bulgarian Market
Date:2/21/2008

CHARENTON-LE-PONT, France, February 21 /PRNewswire-FirstCall/ --

- New Acquisitions in Canada and Puerto Rico

Essilor is pursuing its external growth strategy with three new acquisitions.

The Company is stepping up its development in Eastern Europe by setting up operations in Bulgaria. Its new subsidiary Essilor Bulgaria Eood has acquired Optymal Ood, which currently distributes Essilor lenses and instruments in Bulgaria and has sales of nearly EUR1 million. The acquisition will enable the Company to enhance its competitive position in the fast growing corrective lens market, especially the progressive lens segment.

Separately, Essilor International's subsidiary Essilor Canada has acquired a majority stake in Westlab Optical Inc., a prescription laboratory located in Montreal, which generates sales of C$4 million. The partnership focuses primarily on developing the Company's portfolio of combined lens/frame packages.

Lastly, following the acquisition of MGM in 2005, Essilor is strengthening its presence in Puerto Rico by acquiring Rainbow Optical Labs Inc., a prescription laboratory with $3 million in revenue.

-----------------------

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. Codes and symbols: Codes and symbols: ISIN: FR 0000121667; Reuters: ESSI.PA; Bloomberg: EF:FP
------------------------

Investor Relations and Financial Communications

Veronique Gillet - Sebastien Leroy

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

http://www.essilor.com


'/>"/>
SOURCE Essilor
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Essilor Acquires Prescription Laboratories in the United Kingdom and the United States
2. Essilor Strengthens its Polarized Lens Distribution Network With the Acquisition of KBco
3. MemorialCare Medical Centers CEO Barry Arbuckle Elected Chair of California Hospital Association
4. The Centers for Medicare & Medicaid Services Extends LifeMasters Demonstration Project in Florida
5. BioMed Realty Trust Joint Venture Enters Into New $245 Million Construction Loan and Extends Term of Existing Loan Facility
6. Pennsylvania Department of Public Welfare Announces Grant Opportunity for Regional Autism Centers
7. Darwin Enters into Marketing Partnership with Agency Specialty Product Network
8. Montefiore Lead Poisoning Prevention ProgramNamed One of Three State Regional Resource Centers
9. CyberKnife Centers of Miami, Palm Beach and Tampa Invited to Join M.D. Anderson Cancer Center Study
10. The Clinic at Wal-Mart to Open in Atlanta, Little Rock and Dallas Supercenters
11. Association of Academic Health Centers Faults Bushs FY 2009 Budget
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... October 13, 2017 , ... ... PharmD ‘17, and Jennifer Huggins, PharmD ’17, along with clinical associate professor ... prevention of cardiovascular diseases during the 15th Annual Women’s Health Conference. The ...
(Date:10/13/2017)... ... October 13, 2017 , ... Many families have long-term insurance that covers ... companies have a waiver for care if the client has a cognitive impairment diagnosis. ... pays for care, is often waived, so the benefits from their insurance start immediately,” ...
(Date:10/13/2017)... ... ... Global Healthcare Management’s 4th Annual Kids Fun Run brought out many kids ... sponsored by Global Healthcare Management’s CEO, Jon Letko, is aimed at getting kids excited ... all ages; it is a non-competitive, non-timed event, which is all about having fun ...
(Date:10/13/2017)... ... October 13, 2017 , ... ... Agile Software Development, has been awarded a contract by the Center for Medicare ... (BPA) aims to accelerate the enterprise use of Agile methodologies in a consistent ...
(Date:10/12/2017)... ... October 12, 2017 , ... First Healthcare Compliance ... management, will showcase a range of technology and learning solutions at the 68th ... and Expo to be held October 14–18, 2017 at the Mandalay Bay Resort ...
Breaking Medicine News(10 mins):
(Date:10/11/2017)... , Oct. 11, 2017  Caris Life Sciences ® ... fulfilling the promise of precision medicine, today announced that ... Caris, Precision Oncology Alliance™ (POA) as its 17 th ... the St. Jude Crosson Cancer Institute will help develop ... use of tumor profiling, making cancer treatment more precise ...
(Date:10/10/2017)... 10, 2017   West Pharmaceutical Services, Inc. ... injectable drug administration, today shared the results of a ... improving the intradermal administration of polio vaccines. The study ... in May 2017 by Dr. Ondrej Mach , ... Health Organization (WHO), and recently published in the journal ...
(Date:10/4/2017)... , Oct. 4, 2017  According to the Centers for Disease Control ... of October . PhysicianOne Urgent Care is helping communities across ... NY , by offering no-cost* flu shots through the end of ... by certain health insurance regulations. ... best time to get a flu shot is by the end of ...
Breaking Medicine Technology: