Caravelle, a family-owned diversified group of companies, completed the acquisition of Luneau Technology, a pioneer in wavefront technology for the optical industry, for $114m. Luneau Technology position itself as a global supplier of ophthalmic equipment, extending from refraction and diagnostic tools to equipment for labs and finishing. Luneau Technology features diagnostic devices, specialized optotypes, displays, and ophthalmic technologies enhanced by the expertise of Visionix®, Briot®, and Weco®, a long time edger developer and manufacturer, is renowned for innovation and expertise in finishing.