26 Facts About Essilor

Essilor International is a French-based international ophthalmic optics company that designs, manufactures and markets lenses to correct or protect eyesight.

Essilor formed from the merger of ophthalmic firms Essel and Silor in 1972.

In January 2017 Essilor announced a merger with Italian eyewear giant Luxottica.

Many subsidiary activities were first sold off, but in 1974 Essilor fused Benoist-Bethiot with Guilbert-Routit, creating the subsidiary BBGR.

Essilor purchased four new plants in four years, in Mexico, Puerto Rico, Brazil and Thailand.

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Essilor has gradually withdrawn its frames business to focus on corrective lenses.

Essilor partnered with PPG of the United States to develop Transitions, a technology that allows lenses to become darker or lighter depending on the intensity of ambient light.

In 2008 Essilor acquired the Swiss company Satisloh, a manufacturer of prescription laboratory equipment.

In 2010 Essilor acquired FGX International, an American company whose brands include Foster Grant.

In May 2013, Safilo and Essilor agreed on a 10-year licensing deal allowing Essilor to use Safilo's Polaroid brand for polarized lenses.

In March 2014, Essilor announced the acquisition of the Canadian online distributor Coastal.

In 2014, Essilor won four awards at the First Edition of the Vision-X VP Awards.

On 16 August 2016, Essilor International completed the acquisition of MyOptique Group Ltd for an estimated £120 million.

Essilor acquired a majority stake in Indulentes, one of Ecuador's leading prescription laboratories, and a majority stake in Metalizado Optico Argentino S A, one of Argentina's leading prescription laboratories.

Essilor will bring together 300 people and the activity of five of its French sites in one in the Paris region, where he will invest 40 million euros.

Essilor operates a worldwide network of production plants, prescription laboratories, and distribution centers that supply corrective lenses, glasses, and sunglasses to opticians, optical chains, and consumers.

Essilor manages a collection of patents and objects related to its history and collaborates with several optics-related institutions.

Essilor invests over €200m each year in research and innovation, three times more than the rest of the industry combined.

In 2018, Essilor was ranked for the 8th consecutive year on Forbes's list of the world's most innovative companies.

In 2010, Essilor created Shopper Labs, renamed Essilor Companion™ Lab in 2020, experimental stores for opticians to support their practices.

Every year since 2010, Essilor has figured among the top 100 publicly traded companies investors identify as having the highest innovation potential.

Researchers today use a virtual visualization system, equipped with algorithms and modeling Essilor developed to explore new optical solutions that can be tested directly on wearers.

Essilor has a number of partnerships with universities and other scientific and technical communities.

In 2014, Essilor won a Fibre Innovation Award for Crizal Prevencia at an event at the Paris Pierre and Marie Curie University celebrating advances in technology that benefit society.

In 2015 Essilor launched Eyezen lenses, designed for people's increasingly connected lives.

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In 2012, Essilor created the Vision Impact Institute, which manages a database of research and scientific studies on visual health and raises awareness of the benefits of corrected vision to guide public health policy decisions.