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Essilor announces Colombia, Turkey and China deals

(Reuters) – Essilor International, the world’s largest maker of corrective lenses, said it had struck deals in several fast-growing markets as part of its bid to boost revenue from emerging countries by 2015.

Essilor said it had agreed to buy majority stakes in Colombian prescription laboratory Servi Optica, in Turkish lens distributor Isbir Optik and in Chinese distributor Tianhong, without disclosing price details.

The company has also completed two acquisitions in North Africa, representing total sales of 8 million euros ($10.65 million), it said.

($1 = 0.7510 euros)

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Written by Rico

Rico

"Rico" is the crazy mind behind the Q media websites, a series of onlinemagazines that includes TodayColombia.com. Rico brings his special kind of savvy to online marketing. His websites are engaging, provocative, informative and sometimes off the wall, where you either like or you leave it. The same goes for him, like him or leave him.There is no middle ground. No compromises, only a passion to present reality as he sees it!