Tuesday, December 10, 2013

FGX Buys Suntech

FGX International, a subsidiary of Essilor International, acquired the 41-year-old Suntech Optics Inc. The acquisition included the purchase of Naked Eye Enterprises and Bugaboos Eyewear. Suntech, a formerly privately held company in Vancouver, sells Infokus and Solair brands of sunglasses and reading glasses to more than 2800 Canadian retailers in the drug, grocery and mass channels of distribution. Bugaboos Eyewear owns and designs Ryders Eyewear,  currently serving over 1800 retailer locations in North America, South America and Europe. FGX International’s eyewear brands include Foster Grant, Gargoyles, Solar Shield, Magnivision, Corinne McCormack and Anarchy and licensed brands including Ironman, Dockers, Nine West, Body Glove and Disney.

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