Company Earnings Update 2 minutesRegister for Free AccessLuxottica (BIT: LUX) Global Empire: M&A History Coresight Research February 3, 2017 Executive Summary Over the past 20 years, Italy-based Luxottica has expanded through numerous acquisitions and grown into the world’s largest consumer eyewear frame manufacturer, with US$9.7 billion in annual sales and a market capitalization of US$26 billion. Luxottica’s acquisitions have included purchases of sunglass manufacturers, optical retailers and eyewear wholesalers globally. Some of the company’s largest and most prominent acquisitions included Oakley, Rayban, Sunglass Hut and Lens Crafters. Luxottica recently announced a mega merger with France-based ophthalmic lens manufacturer Essilor to form a powerhouse eyewear industry player in a deal valued at nearly US$50 billion. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Data Dive: Shein in Numbers as It Files for a US IPOFewer Consumers Adjust Shopping Behavior To Cope with Inflation: US Consumer Survey Insights 2023, Week 37Weinswig’s Weekly: How Are Chinese Consumers Shopping Beauty?Discount Decades—US Grocery Discounters: Poised for Growth Amid Inflation and Economic Uncertainty