EssilorLuxottica and CooperCompanies Announce Joint Venture for Acquisition of SightGlass Vision

EssilorLuxottica, a manufacturer of eyewear, and CooperCompanies, a dynamic, innovative medical device company, agreed to acquire SightGlass Vision, a medical device company. Financial terms were not disclosed. “EssilorLuxottica is a pioneer and global leader in the vision space and expanding our relationship to better tackle the rapidly growing myopia management marketplace is extremely exciting. By combining our strengths, we look forward to increasing the life-changing offerings available to global eye-care-practitioners to combat childhood myopia. This partnership is a natural extension to our existing portfolio of innovative myopia management products, including MiSight contact lenses, and we firmly believe this partnership will strengthen our ability to accelerate those offerings,” Al White, CooperCompanies CEO and President.