EssilorLuxottica Asset Profile

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Year established

2018

Location

Paris France

Primary Industry

Healthcare Specialists

About

Formed in 2018 out of the merger of the French company Essilor and Luxottica, its Italian counterpart, EssilorLuxottica is a manufacturer and distributor of ophthalmological equipment, vision glasses and lens. The company, based in Paris, France, is headed by Leonaro Del Vecchio, founder of Luxottica and listed on the Paris stock exchange under ticker EL (EPA: EL). EssilorLuxottica manufactures contact lenses, corrective and tinted lenses for eyewear and distributes its products for wholesale, through regular channels, such as ophthalmologists, and directly to consumers, through the use of e-commerce. To reach a large customer base, the company has partnerships with a lot of fashion brands such as Burberry, Ralph Lauren and Versace which design the frames which integrate EssilorLuxottica's lenses. The firm also manufactures equipment for eyewear specialists and doctors through its Essilor Instruments and Satisloh subsidiaries. EssilorLuxottica generated EUR 17.9 billion in revenue in 2019 with 86% coming from its lenses segment, 11% from sunglasses and 3% from equipment. Looking ahead, EssilorLuxottica is trying to consolidate itself as a market leader, with the recent acquisition of GrandVision.

Primary Industry

Healthcare Specialists

Sub Industries

Optometrists & Opticians Products and Services

Website

www.essilorluxottica.com

Verticals

E-commerce, Manufacturing

Total Amount Raised

Subscriber access only

Deals

Deals Type
Trade Sale
Trade Sale

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Announced	Optical Investment Group S.A.	30 Jul 2024
Completed	GrandVision N.V.	31 Jul 2019

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