EssilorLuxottica Signs Agreement to Acquire Walman in US
25 Marzo 2021 - 6:48PM
Dow Jones News
By Kim Richters
EssilorLuxottica SA said Thursday that it agreed to take over
U.S. lab network Walman, without disclosing financial terms of the
deal.
The Franco-Italian eyewear group said Walman's 35 facilities in
the U.S. include prescription lens-finishing labs and it will
continue to operate under the Walman brand. Walman had revenues of
around $500 million in 2020.
EssilorLuxottica expects the acquisition to close in the next
months.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
March 25, 2021 13:33 ET (17:33 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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