EssilorLuxottica: makes two acquisitions
(CercleFinance.com) - EssilorLuxottica today announced that it has completed its previously announced acquisitions of the Supreme brand and an 80% stake in Heidelberg Engineering, with both transactions cleared by the relevant competition authorities.
The Supreme brand was acquired from VF Corporation, a world leader in branded lifestyle apparel, footwear and accessories, for a base purchase price of $1.5bn in cash, subject to customary adjustments.
Heidelberg Engineering is a German company specialising in digital surgical visualization and diagnostic technologies, as well as healthcare IT solutions for medical ophthalmology.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The Supreme brand was acquired from VF Corporation, a world leader in branded lifestyle apparel, footwear and accessories, for a base purchase price of $1.5bn in cash, subject to customary adjustments.
Heidelberg Engineering is a German company specialising in digital surgical visualization and diagnostic technologies, as well as healthcare IT solutions for medical ophthalmology.
Copyright (c) 2024 CercleFinance.com. All rights reserved.