The Rodenstock Group, a global leader in eye health innovation and manufacturer of biometric, ophthalmic lenses, today announced the successful completion of its acquisition of the leading Spanish lenses manufacturer Indo Optical. Rodenstock’s acquisition of Indo is part of its global growth strategy, expanding its business to high growth markets in Europe and North America.
With the closing of the Indo acquisition, Rodenstock will gain direct access to core markets in Europe. Indo Optical’s markets in Spain, Portugal and Morocco are expected to become a significant revenue contributor for Rodenstock. The acquisition thus marks another important milestone to further accelerate Rodenstock’s global expansion and reinforces its position as a market-leading Med-Tech company.
About Indo Optical: Headquartered in Sant Cugat del Vallès (Barcelona, Spain) and with a heritage of more than 80 years, Indo Optical is the leading manufacturer of ophthalmic lenses in Spain, Morocco and Portugal. Indo Optical employs approximately 440 people and operates two state-of-the-art plants located in Spain (El Papiol/Barcelona) and Morocco (Tanger).