Insight ReportEssilor and Luxottica Merger to Create Integrated Global Eyewear Powerhouse Coresight Research July 17, 2017 Executive Summary Italy-based Luxottica (LUX.MI) and France-based Essilor (ESSI.PA) have agreed to a powerhouse eyewear industry merger valued at €46 billion. Luxottica’s current market value is €24 billion and Essilor’s is €22 billion. The long-anticipated merger represents one of Europe’s largest cross-border deals and unites the world’s largest consumer eyewear frame manufacturer with one of the main global ophthalmic lens manufacturers. The combined group will offer a comprehensive portfolio of strong brands, global distribution capabilities and complementary expertise in ophthalmic lenses, prescription frames and sunglasses. The deal is expected to be completed in the second half of 2017 Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: US Store Tracker Extra, June 2025: 120+ Million Square Feet of Retail Space To Close This Year, Outpacing Openings by Over 1.5XNavigating TikTok’s Uncertainty: Analyzing Challenges and Emerging User Migration TrendsSentiment; Tariff Perceptions; Inflation Reactions—Taking the Consumer Pulse on Essentials: US Consumer Survey InsightsEarnings Insights 1Q25, Week 3: E-Commerce Sees Solid Results as Amazon, Coupang, Zalando and More Report Growth—Infographic