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Announced

EssilorLuxottica to acquire Heidelberg Engineering.

Synopsis

EssilorLuxottica, an Italian-French vertically integrated multinational corporation, agreed to acquire Heidelberg Engineering, a medical equipment manufacturing. Financial terms were not disclosed. “Heidelberg Engineering, renowned for its expertise in early detection and diagnosis, is a perfect fit for EssilorLuxottica as it will bolster our presence in the med-tech space. Heidelberg Engineering, with its commitment to research and development, rooted in excellence, shares our core values. By harnessing the full spectrum of our Group's capabilities in the optical industry, from logistics to manufacturing to global distribution, we are dedicated to fostering their long-term growth while enhancing the doctor and patient experience,” Francesco Milleri, EssilorLuxottica Chairman and Chief Executive Officer, and Paul du Saillant, Deputy Chief Executive Officer.

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