EssilorLuxottica Inks New Acquisition Agreement [Yahoo! Finance]
ESSILOR LXTTCA UNSP/ADR (ESLOY)
NASDAQ:AMEX Investor Relations:
essilor.com/en/investors
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Source: Yahoo! Finance
manufacturing non-invasive medical devices for diagnosing and treating eye diseases. The acquisition is part of EssilorLuxottica's med-tech strategy, following its recent deal to acquire an 80% stake in Heidelberg Engineering. The company has been on an acquisition spree, having also agreed to take over Supreme from VF Corp. and extended its partnership with Meta Platforms to develop smart eyewear products. The acquisition of Espansione Group will expand EssilorLuxottica's portfolio of medical devices and solidify its role in the optical industry. Generated by Yahoo Finance AI Yahoo Finance used generative AI to summarize key information from this article. Some details may be inaccurate. We take that seriously. Reporting mistakes helps us improve these summaries. Was this helpful? Yes No MILAN — EssilorLuxottica continues to invest in the med-tech segment. On Tuesday, the eyewear giant revealed it has signed an agreement to acquire the Italy-based Espansione Group, which
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