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Announced

Completed

EssilorLuxottica completed the acquisition of Walman Optical.

Synopsis

EssilorLuxottica, a global company in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses, completed the acquisition of Walman Optical, the US based lens-finishing labs network. Financial terms were not disclosed. “Walman is a company we’ve admired as a longtime partner - they share EssilorLuxottica’s customer-first sensibility and our relentless pursuit of higher service standards. They also share our history of employee shareholding, which makes them an ideal cultural fit for our family. Walman has cultivated broad recognition and relationship equity and we will invest in the areas that make them such a great partner to the industry,” Francesco Milleri and Paul du Saillant, EssilorLuxottica CEO and Deputy CEO.

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