EssilorLuxottica Acquires PUcore’s Lens Materials Division

Monday, July 21 2025 | 09 h 06 min | Acquisitions, News

EssilorLuxottica has announced a strategic agreement to acquire the optical materials division of South Korean firm PUcore, reinforcing its position in the upstream value chain of ophthalmic lens production.

The deal includes all PUcore assets and entities involved in the development, manufacturing, and sale of monomers used for high index lens materials—critical components in producing thinner, lighter ophthalmic lenses. The acquisition covers a research and development unit, a materials production facility, and a sales office based in South Korea. EssilorLuxottica will also gain access to PUcore’s intellectual property, including proprietary formulations and production processes.

“We are happy to welcome PUcore’s optical division and its talented teams into our Group,” said Francesco Milleri, Chairman and CEO, and Paul du Saillant, Deputy CEO at EssilorLuxottica. “This addition will allow us to widen our portfolio of patents, technologies, and know-how, and extend our expertise upstream. By continuing to improve the production and formulation of high index monomers, we will raise the bar for performance and sustainability across the ophthalmic industry.”

This acquisition is expected to strengthen EssilorLuxottica’s long-term sourcing capabilities, particularly in high-performance lens materials. The transaction is slated to close by the end of 2025, subject to regulatory approvals and standard closing conditions.

Read the EssilorLuxottica press release here.
https://www.essilorluxottica.com/cap/content/259356/