Funds advised by Apax (the “Apax Funds”) have announced an agreement to acquire Rodenstock from Compass Partners. Founded in 1877, Rodenstock has been a global leader in prescription lenses for over 140 years. Headquartered in Munich, Germany, Rodenstock employs around 4,900 people worldwide and is represented by sales subsidiaries and distribution partners in more than…
EssilorLuxottica has entered into an agreement to acquire U.S. based lab network Walman. Walman, which has been a leading partner to vision care practices around the country for more than 100 years, will draw on EssilorLuxottica’s focus on product and service innovation to create growth opportunities for the company. “Walman is a company we’ve admired…
Today the President of MIDO, Giovanni Vitaloni, met online all the stakeholders of the trade show to announce that, at the moment, the situation does not allow MIDO 2021 to go ahead as planned. From 5 to 7 June the event for the world eyewear industry will move online.The in-person edition of the show is…
The Vision Council, co-organizer of Vision Expo with Reed Exhibitions, announces that registration for Vision Expo East 2021, taking place June 2–5 in Orlando, Florida at the Orange County Convention Center, opens today, Monday, March 22 under the banner of ONE Vision – ONE Focus – ONE Future. Hotel reservations at Vision Expo’s official partner…
In my career of over 30 years as a lecturer in ophthalmic optics, I have been through all the stages from student to teacher to developer to expert authority – trusted with confidential knowledge about the industry. I would like to thank everyone for the trust they have shown in me, because this was the…
The Vision Council and Reed Exhibitions, organizers of Vision Expo, have updated VisionSAFE, the comprehensive set of health and safety guidelines, policies and resources designed to support a safe experience at Vision Expo East 2021, with specific guidelines for exhibitors. An exhibitor FAQs document is now available to view on the website, which provides detailed information on booth specifications, cleaning…
The Vision Council has released the results of the February 2021 Eyecare Provider Insights Survey. The Vision Council fielded the survey to the organization’s panel of more than 1,700 eyecare providers during the last week of February. The survey, which launched in March 2020 and is being conducted on an ongoing basis to track the state of…
The Board of Directors of EssilorLuxottica met on March 11, 2021 to approve the consolidated financial statements for the year ended December 31, 2020. These financial statements were audited by the Statutory Auditors whose certification report is in the process of being issued. “To really understand what EssilorLuxottica is made of, just look at how…
How market data in optics comes to life: When Mark and Ingeborg Mackenzie began to conduct studies on the global optical industry in 2003, Ferrari won the Formula 1 with Michael Schumacher. At that time, the industry experts described Asia as the “Ferrari” of ophthalmic optics – and thus the undisputed number one on the…
Allergan, an AbbVie (NYSE: ABBV) company, announced that it has submitted a New Drug Application to the U.S. Food and Drug Administration for investigational AGN-190584 (pilocarpine 1.25%) ophthalmic solution for the treatment of presbyopia. The FDA is expected to act on the NDA by the end of 2021. Approximately 128 million adults in the U.S….
