Announced

Completed

Menicon completed the acquisition of Oculus Visioncare, Oculus, and Oculus Indonesia from Oculus.

Synopsis

Menicon, Japan's contact lens manufacturer, completed the acquisition of Oculus Visioncare, focused on low vision and a wide range of other vision care services, Oculus, a contact lens manufacturer and distributor, and Oculus Indonesia, a manufacturer of lens products, from Oculus, a manufacturer and supplier high quality contact lens and contact lens care products. Financial terms were not disclosed. "The new President Koji has experienced a wide range of global operations for over 30 years, primarily in business planning, marketing, development, production, and supply chains. I expect that he will take on a new challenge to realise the Vision2030 / medium-term management plan and take Menicon to the next growth stage through his youthful sensibility and flexible ideas in addition to his rich management experience,” Hidenari Tanaka, Menicon Chairman and CEO.

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