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ESSILOR / LUXOTTICA

M.8394

ESSILOR / LUXOTTICA
February 28, 2018
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Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

Description of the concentration

On January 16, 2017, Essilor International (Compagnie Générale d’Optique) S.A. (“Essilor”) and Luxottica Group S.p.A. (“Luxottica”, together with Essilor, the “Parties”) announced the full merger of their respective businesses (the “Transaction”).

Essilor is active in every phase of ophthalmic (corrective) lens development, from design to manufacture to wholesale, and Luxottica designs, manufactures and distributes eyewear, i.e., prescription frames and sunglasses. Together, the Parties will combine their complementary areas of expertise, products, and brands in ophthalmic lenses, prescription frames, and sunglasses and develop comprehensive product and service offerings to answer the growing needs in visual health and the appetite for high-quality eyewear products, particularly in underserved markets.

The two groups share common values: their mission is to improve vision across the world with innovation as a growth driver, operational excellence, an entrepreneurial spirit, and an international mindset.

Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË

Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.

EUC

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