Insight Report 2 minutes PremiumEssilor 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 Consumer Tracker: More Consumers Get Out and AboutLivestreaming in Western Markets: A Beauty Renaissance Is on the HorizonAnalyst Corner—Gen Zers vs. Baby Boomers: Uncovering Three Generational Shopping Trends with Aditya KaushikDiving into the Diverse, Underserved Segments of the US Beauty Market
