EssilorLuxottica Signs Agreement to Acquire Walman in the U.S.

EssilorLuxottica has entered into an agreement to acquire U.S. based lab network Walman. Walman has been a leading partner to vision care practices around the country for more than 100 years.

Walman is a company we’ve admired as a longtime partner – they share EssilorLuxottica’s customer-first sensibility and our relentless pursuit of higher service standards. They also share our history of employee shareholding, which makes them an ideal cultural fit for our family. Walman has cultivated broad recognition and relationship equity and we will invest in the areas that make them such a great partner to the industry,” commented Francesco Milleri and Paul du Saillant, respectively CEO and Deputy CEO of EssilorLuxottica.

Walman has a network of 35 facilities across the U.S., including prescription lens-finishing labs and hubs for optical instruments and other vision care products. As part of EssilorLuxottica, Walman will continue to serve the market under the Walman brand, delivering the same customer intimacy, service and solutions their customers have come to expect.

EssilorLuxottica’s investment in Walman is an important next step for our customers and employees”, said Marty Bassett, President & CEO of Walman. “It was time for Walman to find an investment partner to support its future success. We chose EssilorLuxottica because of our shared values and their proven history of working with independent businesses to accelerate growth while supporting the entrepreneurial spirit and company culture that made each business successful in the first place.

The transaction is expected to close in the coming months pending regulatory approvals and other customary closing conditions.

Click HERE for the full press release.

Other related articles

Featured Posts

Brunello Cucinelli and EssilorLuxottica, Together for the Next Ten Years

The Solomeo Casa di Moda and EssilorLuxottica signed an exclusive license agreement that will strengthen their partnership

Learn More
Alcon

Alcon Completes Acquisition of Aerie Pharmaceuticals

Alcon announced that it has completed its acquisition of Aerie Pharmaceuticals (Aerie).

Read more

B + L Reports More Than 58 Million Units of CL Materials Collected Through Recycling Programs

Bausch + Lomb announced its unique ONE by ONE and Biotrue Eye Care Recycling programs have collected a total of 58,677,480 million units, or 356,723 pounds, of used contact lens, eye care and lens care materials, which is equivalent to the weight of 108 midsize vehicles.

Read more

iA Financial Group Philanthropic Contest: CNIB in the Running to Win a Donation of $100,000

The Canada-wide philanthropic contest awards a donation of $100,000 to the four charities that receive the most votes. The remaining eight charities will each receive $10,000. 

Read more

Woodys: Far from Mainstream

Woodys! Born to break with the mainstream and depict a world full of unique stories and characters.

Read more

Brunello Cucinelli and EssilorLuxottica, Together for the Next Ten Years

The Solomeo Casa di Moda and EssilorLuxottica signed an exclusive license agreement that will strengthen their partnership

Learn More
Alcon

Alcon Completes Acquisition of Aerie Pharmaceuticals

Alcon announced that it has completed its acquisition of Aerie Pharmaceuticals (Aerie).

Read More

B + L Reports More Than 58 Million Units of CL Materials Collected Through Recycling Programs

Bausch + Lomb announced its unique ONE by ONE and Biotrue Eye Care Recycling programs have collected a total of 58,677,480 million units, or 356,723 pounds, of used contact lens, eye care and lens care materials, which is equivalent to the weight of 108 midsize vehicles.

Read More

iA Financial Group Philanthropic Contest: CNIB in the Running to Win a Donation of $100,000

The Canada-wide philanthropic contest awards a donation of $100,000 to the four charities that receive the most votes. The remaining eight charities will each receive $10,000. 

Read More

Woodys: Far from Mainstream

Woodys! Born to break with the mainstream and depict a world full of unique stories and characters.

Read More

Brunello Cucinelli and EssilorLuxottica, Together for the Next Ten Years

The Solomeo Casa di Moda and EssilorLuxottica signed an exclusive license agreement that will strengthen their partnership

Learn More
Alcon

Alcon Completes Acquisition of Aerie Pharmaceuticals

Alcon announced that it has completed its acquisition of Aerie Pharmaceuticals (Aerie).

Read more

B + L Reports More Than 58 Million Units of CL Materials Collected Through Recycling Programs

Bausch + Lomb announced its unique ONE by ONE and Biotrue Eye Care Recycling programs have collected a total of 58,677,480 million units, or 356,723 pounds, of used contact lens, eye care and lens care materials, which is equivalent to the weight of 108 midsize vehicles.

Read more

iA Financial Group Philanthropic Contest: CNIB in the Running to Win a Donation of $100,000

The Canada-wide philanthropic contest awards a donation of $100,000 to the four charities that receive the most votes. The remaining eight charities will each receive $10,000. 

Read more

Woodys: Far from Mainstream

Woodys! Born to break with the mainstream and depict a world full of unique stories and characters.

Read more

Brunello Cucinelli and EssilorLuxottica, Together for the Next Ten Years

The Solomeo Casa di Moda and EssilorLuxottica signed an exclusive license agreement that will strengthen their partnership

Learn More
Alcon

Alcon Completes Acquisition of Aerie Pharmaceuticals

Alcon announced that it has completed its acquisition of Aerie Pharmaceuticals (Aerie).

Read more

B + L Reports More Than 58 Million Units of CL Materials Collected Through Recycling Programs

Bausch + Lomb announced its unique ONE by ONE and Biotrue Eye Care Recycling programs have collected a total of 58,677,480 million units, or 356,723 pounds, of used contact lens, eye care and lens care materials, which is equivalent to the weight of 108 midsize vehicles.

Read more

iA Financial Group Philanthropic Contest: CNIB in the Running to Win a Donation of $100,000

The Canada-wide philanthropic contest awards a donation of $100,000 to the four charities that receive the most votes. The remaining eight charities will each receive $10,000. 

Read more

Woodys: Far from Mainstream

Woodys! Born to break with the mainstream and depict a world full of unique stories and characters.

Read more