Essilor of America to Acquire Vision Source US

Earlier this morning European time, Vision Source announced that it has entered into an agreement whereby Essilor of America will acquire a majority stake in the Vision Source network. Subject to regulatory approvals, the deal is expected to close over the next couple of months.  Specific terms of the acquisition were not disclosed.

VMAIL reports that Vision Source’s Canadian assets, which consisted of 95 franchisees, were transferred to FYidoctors in 2013 and will continue to be managed by that company headed by CEO Alan Ulsifer, OD.  Vision Source founder, Glenn Ellisor said, “Vision Source Canada is not part of the transaction. We have a marketing agreement with FYidoctors. I spoke with Al Ulsifer, and he agreed that our relationship will continue.”

In the US, according the Vision Source press release, Vision Source is expected to become a wholly-owned subsidiary of Essilor of America and will continue to be managed independently by the current management team.

Further information available at:
Vision Monday
Vision Source

Featured Posts

STRUKTUR Eyewear Receives Award at 100% Optical Trade Fair in London

From April 23 to 25, 2022, the 100% Optical exhibition was held in London. On April 23, STRUKTUR eyewear won the award for the unisex model of the year at the Love Eyewear Award ceremony.

Learn More

Izumi’s Newest Collection is All About “Twilight in the Tropics”

OS-9331's blue gradient acetate front was inspired by the glamorous Spring/Summer 2022's "Twilight in the Tropics" theme.

Read more

opti 2022: Event Report

After the break due to the pandemic, the optical industry had some catching up to do at opti held in Munich from May 13 to 15, 2022.

Read more

Looking for Government Leadership in Eye Health

A Joint Letter by Fighting Blindness Canada, the Canadian Association of Optometrists and Canadian Ophthalmological Society

Read more

Marcolin and Timberland Early Extend Their Licensing Agreement Until 2026

Marcolin and TBL Licensing LLC announce they have extended their licensing agreement for the design, production and worldwide distribution of Timberland® optical frames and sunglasses.

Read more

STRUKTUR Eyewear Receives Award at 100% Optical Trade Fair in London

From April 23 to 25, 2022, the 100% Optical exhibition was held in London. On April 23, STRUKTUR eyewear won the award for the unisex model of the year at the Love Eyewear Award ceremony.

Learn More

Izumi’s Newest Collection is All About “Twilight in the Tropics”

OS-9331's blue gradient acetate front was inspired by the glamorous Spring/Summer 2022's "Twilight in the Tropics" theme.

Read More

opti 2022: Event Report

After the break due to the pandemic, the optical industry had some catching up to do at opti held in Munich from May 13 to 15, 2022.

Read More

Looking for Government Leadership in Eye Health

A Joint Letter by Fighting Blindness Canada, the Canadian Association of Optometrists and Canadian Ophthalmological Society

Read More

Marcolin and Timberland Early Extend Their Licensing Agreement Until 2026

Marcolin and TBL Licensing LLC announce they have extended their licensing agreement for the design, production and worldwide distribution of Timberland® optical frames and sunglasses.

Read More

STRUKTUR Eyewear Receives Award at 100% Optical Trade Fair in London

From April 23 to 25, 2022, the 100% Optical exhibition was held in London. On April 23, STRUKTUR eyewear won the award for the unisex model of the year at the Love Eyewear Award ceremony.

Learn More

Izumi’s Newest Collection is All About “Twilight in the Tropics”

OS-9331's blue gradient acetate front was inspired by the glamorous Spring/Summer 2022's "Twilight in the Tropics" theme.

Read more

opti 2022: Event Report

After the break due to the pandemic, the optical industry had some catching up to do at opti held in Munich from May 13 to 15, 2022.

Read more

Looking for Government Leadership in Eye Health

A Joint Letter by Fighting Blindness Canada, the Canadian Association of Optometrists and Canadian Ophthalmological Society

Read more

Marcolin and Timberland Early Extend Their Licensing Agreement Until 2026

Marcolin and TBL Licensing LLC announce they have extended their licensing agreement for the design, production and worldwide distribution of Timberland® optical frames and sunglasses.

Read more

STRUKTUR Eyewear Receives Award at 100% Optical Trade Fair in London

From April 23 to 25, 2022, the 100% Optical exhibition was held in London. On April 23, STRUKTUR eyewear won the award for the unisex model of the year at the Love Eyewear Award ceremony.

Learn More

Izumi’s Newest Collection is All About “Twilight in the Tropics”

OS-9331's blue gradient acetate front was inspired by the glamorous Spring/Summer 2022's "Twilight in the Tropics" theme.

Read more

opti 2022: Event Report

After the break due to the pandemic, the optical industry had some catching up to do at opti held in Munich from May 13 to 15, 2022.

Read more

Looking for Government Leadership in Eye Health

A Joint Letter by Fighting Blindness Canada, the Canadian Association of Optometrists and Canadian Ophthalmological Society

Read more

Marcolin and Timberland Early Extend Their Licensing Agreement Until 2026

Marcolin and TBL Licensing LLC announce they have extended their licensing agreement for the design, production and worldwide distribution of Timberland® optical frames and sunglasses.

Read more