HOYA Acquires Central Optical Company

Monday, April 24 2017 | 00 h 00 min | Acquisitions, News, Press Release

Mississauga, Ontario – HOYA Vision Care Canada announces a definitive agreement to acquire Central Optical Company, a regionally focused optical lab founded in 1955 by optometrists Dr. Charles J. Soloway, and Dr. Oscar Soloway.

Central Optical Company has served the optical industry for over 60 years and has successfully built its reputation based on its philosophy of “quality products, outstanding value and unbeatable service”.

The acquisition is expected to close on May 1, 2017 at which time Central Optical will be relocated to the recently expanded facility located at 999 King Edward Street which will accommodate both companies together. Hoya Winnipeg and Central Optical will be upgraded with advanced equipment, providing Independent eye care professionals with state-of-the-art technology in lens manufacturing. They will become the largest optical laboratory in Manitoba and Saskatchewan. Mr. Rob Soloway, the President of Central Optical will join the management team of HOYA Canada as a Business Development Manager.

Barney Dougher, President of HOYA Vision Care for the Americas stated that: “With the acquisition of Central Optical, HOYA Vision Care confirms its strong commitment to increase geographical presence in the Canadian market and make available its high-quality lenses and services as a strong partner to eye care practitioners.”

Click HERE for full press release.