EssilorLuxottica buys remaining 50% stake in Shamir Optics
Categories: Corporate and M&A
French-Italian eyewear company EssilorLuxottica has acquired Kibbutz Shamir’s remaining 50% stake in ophthalmic lens technology company Shamir Optical Industry Ltd. in a deal estimated in the hundreds of millions of dollars.
Yigal Arnon – Tadmor Levy advised EssilorLuxottica, led by Barry Levenfeld, with Corporate partner Liron Hacohen, Tax partner Ofir Levy and associate Ofir Paz, IP partner Eli Greenbaum, Real Estate partner Asaf Eylon and associate Maytal Spivak and Competition partner Shani Rapaport.
Shamir optical was founded in 1972 and today operates in 23 countries through 18 international optical laboratories and has over 2,500 employees.
