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:3/22/2017)... ... March 22, 2017 , ... Pinnacle 1 Insurance, ... robust, ongoing community enrichment program, has announced their latest charity partner. The new ... for the critical needs of homeless families with children for thirty years. Compassionate ...
(Date:3/22/2017)... ... 22, 2017 , ... In recognition of Colon Cancer Awareness ... on cancer patients, cancer centers and advocacy groups, and MJH Studios™, a leading ... “No Ifs, Ands, or Butts,” that focuses on Colorectal Cancer detection, prevention and ...
(Date:3/22/2017)... ... March 22, 2017 , ... Drs. Jennifer Houck, Lauren ... base to accept new patients in need of skilled pediatric dentistry in ... Dental Care offers pediatric patients routine treatments, including cavities, sealants and fluoride applications, in ...
(Date:3/22/2017)... Park Ridge, NJ (PRWEB) , ... March 22, ... ... financial planning firm that serves communities throughout north Jersey and the New York ... Bergen County to provide regional support for homeless families. , At present, more ...
(Date:3/22/2017)... ... , ... Schneider Insurance and Financial, a southern Montana firm providing asset protection ... is launching a charity event aimed at raising local support for Zoo Montana. , ... and is home to a broad variety of animals from all over the world. ...
Breaking Medicine News(10 mins):
(Date:3/22/2017)... 22, 2017 Research and Markets has announced ... Trends - Industry Forecast to 2025" report to their offering. ... The Global ... around 7.1% over the next decade to reach approximately $129.81 billion ... and forecasts for all the given segments on global as well ...
(Date:3/22/2017)... N.Y. , March 22, 2017 ... R-D™ Rapid Disinfector™ is the proven ultraviolet-C (UV-C) ... cause healthcare-associated infections (HAIs). Published ... Journal of Infection Control , the peer-reviewed study ... and experiences of Vancouver General Hospital and Rochester ...
(Date:3/22/2017)... YORK , March 22, 2017 ... (EP) market is growing rapidly due to the significant ... report published by Allied Market Research, the global electrophysiology ... expected to reach $8.271 billion by 2022, with a ... and is used to diagnose abnormal heartbeats or arrhythmia. ...
Breaking Medicine Technology: