Essilor : Acquisition of a New Instrument Technology
June 08 2005 - 1:47PM
PR Newswire (US)
Essilor : Acquisition of a New Instrument Technology
CHARENTON-LE-PONT, France, June 8 /PRNewswire-FirstCall/ --
Essilor, the world leader in ophthalmic optics, today announced
that it has completed the acquisition of the industrial and
marketing assets of National Optronics, a lens processing equipment
manufacturer based in Charlottesville, Virginia. Founded in 1979,
National Optronics designs and manufactures precision edging
systems, primarily for prescription laboratories, based on its
specific technology. In 2004, it reported $16 million in revenues,
with 120 employees. National Optronics will consolidate Essilor's
position as the worldwide leader in edging systems, as well as add
a complementary technology to Essilor's portfolio of edging
techniques that is particularly well suited to polycarbonate,
high-index and high base curve lenses. In addition, Essilor intends
to step up the international development of National Optronics,
whose know-how, quality and dedication to customer service are
widely recognized in the US ophthalmic industry. National Optronics
will keep its current management team in place, and will continue
to lead its North American business as usual. Essilor International
is the world leader in ophthalmic optical products, offering a wide
range of lenses under the flagship Varilux(R), Crizal(R),
Airwear(R) and Essilor(R) brands to correct myopia, hyperopia,
presbyopia and astigmatism. Essilor operates worldwide through 16
production sites, 185 lens finishing laboratories and local
distribution networks. The Essilor share trades on the Euronext
Paris market and is included in the CAC 40 index (ISIN: FR
0000121667; Reuters: ESSI.PA; Bloomberg: EF FP). Investor Relations
and Financial Communication Veronique Gillet Phone:
+33-(0)-1-49-77-42-16 http://www.essilor.com/ DATASOURCE: Essilor
CONTACT: Investor Relations and Financial Communication, Veronique
Gillet, Phone: +33-(0)-1-49-77-42-16 http://www.essilor.com/
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