Friday, October 25, 2013
Essilor to Buy Three More N.A. Companies
After the acquisition of Transitions Optical, Essilor continues its North American buying spree. "The company expanded its presence in the low vision segment with the acquisition of a majority interest in Quebec-based Humanware, a world leader in the design and distribution of electronic assistance products for the blind and vision impaired (revenue of around $35 million)," reports 4 Traders. "In the United States, Essilor acquired Katz & Klein, a California-based prescription laboratory with revenue of around $4.0 million, and VIP Optical, a wholesale optical laboratory based in New Jersey with revenue of $3.9 million." Read more.