Essilor To Buy Stake In UK Lens Wholesaler WLC
17 Giugno 2009 - 7:08AM
Dow Jones News
French ophthalmic lens maker Essilor International (EI.FR)
Wednesday said it has signed a share purchase agreement whereby it
offered to acquire a significant ownership stake in the share
capital of Wholesale Lens Corporation Ltd.
Wholesale Lens Corporation is a Croydon-based wholesaler of
ophthalmic lenses.
The agreement is subject to certain standard conditions
precedent, including approval by the U.K. competition
authorities.
The acquisition is expected to be completed as soon as the
approvals have been received.
Wholesale Lens Corporation Ltd had revenue of GBP8.4 million in
2008 and will continue to be run as a standalone business.
Company Web site: www.essilor.com