Essilor Steps Up its Development in Eastern Europe
10 Septiembre 2008 - 12:29AM
PR Newswire (US)
CHARENTON-LE-PONT, France, September 10 /PRNewswire-FirstCall/ --
Essilor is pursuing its growth strategy in Eastern Europe's markets
by acquiring a majority stake in Omega Optix. The company is a
leading operator in the Czech Republic and Slovakia, where its
prescription laboratories generate total revenue of more than EUR10
million. In addition to ensuring the long-term viability of a
recognized market player, the acquisition will enable Essilor to
offer local customers an alternative lineup of products and
services, thereby driving fast growth in a rapidly developing
market. The current Omega Optix management team will remain in
place and continue to operate the company independently.
----------------------- Essilor International is the world leader
in ophthalmic optical products, offering a wide range of lenses
under the flagship Varilux(R), Crizal(R), Essilor(R) and
Definity(R) brands to correct myopia, hyperopia, presbyopia and
astigmatism. Essilor operates worldwide through 15 production
sites, 270 lens finishing laboratories and local distribution
networks. The Essilor share trades on the Euronext Paris market and
is included in the CAC 40 index. Codes and symbols: ISIN: FR
0000121667; Reuters: ESSI.PA; Bloomberg: EF:FP
------------------------ Investor Relations and Financial
Communications Veronique Gillet - Sebastien Leroy Phone:
+33(0)1-49-77-42-16 http://www.essilor.com/ DATASOURCE: Essilor
CONTACT: Investor Relations and Financial Communications, Veronique
Gillet - Sebastien Leroy, Phone: +33(0)1-49-77-42-16
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