Consolidation, Combination, Conglomeration


Despite a relatively flat optical market, many large and mid-size companies managed to grow their market shares this year by forging new alliances through mergers, acquisitions and strategic partnerships. These moves caused shifts throughout the distribution chain, as wholesalers, retailers and suppliers realigned themselves in new configurations. In some cases, this resulted in greater consolidation within a particular part of the industry, such as the wholesale lab or lens manufacturing sectors. But some companies formed partnerships that extended their reach into new areas.

Mergers & Acquisitions

Walman Acquires Rite-Style

Diversified Ophthalmics Merges With Firestone Optics

Hilco Acquires i-Promotions

PFO Global Acquires Optima

CooperVision Buys Websystem3

Local Eye Site Acquires EyeBuzz

ABB Concise Merges with Optical Distributor Group

Valeant Purchases Bausch + Lomb

ATK Acquires Bushnell Outdoor Products

Essilor Acquires 51 Percent Stake in Transitions Optical

FYIdoctors Acquires Vision Source’s Canadian Resources

Luxury Optical Buys Leonard Opticians and Opticians 3

Essilor Expands in Sun With Acquisition of Polycore

My Eye Doctor on Major Expansion Drive

WellPoint Acquires 1-800 Contacts

A.T. Cross Sells Cross Accessory Division, Changes Name to Costa, Inc.

Sequential Brands Acquires Revo Brand, Inks Global License with B. Robinson for Sunglasses

Essilor Announces Eight Strategic Acquisitions, Including Two U.S. Labs

Essilor Announces Acquisition of LensTech and Plans for X-Cel Optical

Essilor Buys Classic Optical, Strengthening Its Managed Care Offering

Essilor to Acquire Costa, Inc.

Refac and Its U.S. Vision Subsidiary to Acquire Nationwide Vision

Marcolin and PAI Partners Buy Viva from HVHC

Superior Vision and Block Vision Merge

Canada’s New Look Acquires Vogue Optical

Partnerships & Alliances

1-800 Contacts and Walmart End CL Alliance

Walmart & Sam’s Club Debut New CL Program

WellPoint Names Advisory Board, Adds 1-800 Contacts to In-Network Program

Superior Adds Costco to Provider Network

Walmart Adds Vision Benefits for Employees Via VSP

MES Vision Launches Online Service for Members

SoloHealth Partners with HHS to Inform About Affordable Healthcare Act

EyeMed Establishes National Lab Network Featuring Essilor Laboratories of America + Walman Optical Co. Family of Businesses

Superior Vision Partners with Ditto for Virtual Try-On

L’Amy America and A&A Optical Announce Sales and Service Partnership