Essilor Acquires Vision Direct

Essilor_VisionDirect_LogoIn Europe, Essilor International has strengthened its online optical products retailing business with the acquisition of Vision Direct Group Ltd, one of Europe’s leading online contact lens retailers, with revenue of around £33 million in 2015. Financial terms were not disclosed.

Vision Direct does a majority of its business in the UK and Ireland, but is also active in several other European countries and enjoys a reputation for excellent customer service.

This move further strengthens Essilor International’s current positions in online optical retail in Europe, by complementing existing activities in the Nordic countries.

Vision Direct’s existing management team will remain in place, and will leverage Essilor International’s know-how to continue growing the Vision Direct business, by broadening its optical products offering and further expanding its geographic footprint.

Links: Essilor International, Paris, France • VisionDirect.co.uk, London, UK

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