EssilorLuxottica Makes New Acquisition in Med-tech With Signifeye Takeover [Yahoo! Finance]
ESSILOR LXTTCA UNSP/ADR (ESLOY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
The French-Italian eyewear juggernaut — which boasts a market cap of more than 131 billion euros — said Friday that it is acquiring Signifeye, a Belgian ophthalmology platform that operates 15 eye care centers and clinics in the Flanders region. More from WWD Style Capital Exits LuisaViaRoma, CEO Commits to Futureproof Business Model Style Capital Exits LuisaViaRoma: Sources Givaudan Finalizes Belle Aire Creations Acquisition Financial details of the deal were not disclosed, but the transaction is expected to close by the end of the first quarter in 2026. The move confirms EssilorLuxottica 's big ambitions for its burgeoning med-tech division, which it has been beefing up with several acquisitions over the past two years. The latest, carried out last May, saw the takeover of ophthalmology platform Optegra, which boasts 70 clinics in the U.K., Czech Republic, Poland, Slovakia and the Netherlands. The two acquisitions are seen as complementary. “With Signifeye joining E
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News
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