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Essilor Buys 5 Optics Labs

Photonics.com
Dec 2007
CHARENTON-LE-PONT, France, Dec. 6, 2007 -- Prescription lens maker Essilor announced today it has strengthened its laboratory network by buying two independent labs in Europe and three others in the US. Terms of the acquisitions were not disclosed.

In Europe, France-based Essilor has acquired majority stakes in Sinclair Optical Services of Gloucester, England, and United Optical, based in Belfast, Northern Ireland. Sinclair Optical manufactures stock and prescription lenses and provides surface treatments; its full-year sales amount to approximately $11.7 million. United Optical operates a subsidiary in Athlone, Ireland, that specializes in the edging and mounting of prescription safety lenses. United Optical generates revenue of about $8.5 million a year.

In the US, Dallas-based Essilor of America acquired Premier Optics and Gold Optical Enterprises, prescription laboratories located, respectively, in Belmont and Fayetteville, N.C. Essilor also acquired GK Optical, a group with prescription laboratories in Greenwood and Fort Wayne, Ind. The three companies' combined yearly revenue totals $8.5 million.

For more information, visit: www.essilor.com


GLOSSARY
lens
A transparent optical component consisting of one or more pieces of optical glass with surfaces so curved (usually spherical) that they serve to converge or diverge the transmitted rays from an object, thus forming a real or virtual image of that object.
optical
Pertaining to optics and the phenomena of light.
photonics
The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
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