EssilorLuxottica SA

EssilorLuxottica SA

EssilorLuxottica SA

Overview
Date Founded

2018

Headquarters

147, rue de Paris,Charenton-le-Pont, Ile-de-France 94220

Type of Company

Public

Employees (Worldwide)

151K

Industries

Medical Products & Equipment
Other Business & Consulting Services
Apparel & Footwear
Retail: Drug Stores
Hospitals & Patient Services

Company Description

EssilorLuxottica SA engages in the design, manufacture, and sales of ophthalmic lenses and instruments. It operates through the following business segments: Lenses & Optical Instruments, Equipment, and Sunglasses and Readers. The Lenses & Optical Instruments business segment engages in the production, finishing, distribution and trading of lens and instruments. The Equipment business segment includes production, distribution and sale of high capacity equipment, such as digital surfacing machines and lens polishing machines, which are used in manufacturing plants and prescription laboratories for finishing operations on semi-finished lenses. The Sunglasses and Readers business segment engages in the production, distribution and sale of both non-prescription sunglasses and non-prescription reading glasses. The company was founded by Leonardo Del Vecchio in 1961 and is headquartered in Charenton-le-Pont, France.

Contact Data
Trying to get in touch with decision makers at EssilorLuxottica SA? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Chief Executive Officer & Non-Independent Director

Director & Deputy Chief Executive Officer

Executive Vice Chairman & Deputy Chief Executive Officer

Executive Chairman

Co-Chief Operating Officer

Chief Mission Officer

President, Essilor Laboratories of America

President AMERA (Asia/Pacific/Middle East/Russia/Africa)

President Latin America Region

Director, Digital Surfacing Opportunity Project

Board of Directors

Founder at Luxottica Group SpA

Executive Vice Chairman & Deputy Chief Executive Officer at EssilorLuxottica SA

Co Chief Executive Officer at Rothschild Groupe

Director & Deputy Chief Executive Officer at EssilorLuxottica SA

Former Chief Research & Development Officer at EssilorLuxottica SA

Managing Director at SME Societa Meridionale Finanziaria SpA

Vice Chairman & Chief Executive Officer at Luxottica Group SpA

Chairman & Chief Executive Officer at Arcelormittal Ssc Italia Srl

Former Executive Officer at DBS Bank Ltd.

Former Director-Corporate Clients at Commerzbank

Paths to EssilorLuxottica SA
Potential Connections via
Relationship Science
You
EssilorLuxottica SA
Owners & Shareholders
Details Hidden

Amundi-IM invests through funds in all asset classes and main currencies. The firm believes that overall analysis of a company, including economic, social and environmental aspects, allows for better assessment of the risks and opportunities that may affect its long-term valuation.

Details Hidden

Comgest is an active, unconstrained, quality growth manager which aims to create portfolios offering regular, double-digit aggregated earnings per share growth per annum over a three to five-year investment horizon which typically leads to low portfolio turnover. To diversify a portfolio, the firm create value by focusing intense, bottom-up stock-picking approach on the companies they consider are able to sustain above-average growth in earnings per share. Their choice of stocks is independent of benchmarks and do not follow any country or sector allocations. A typical portfolio is concentrated to 25-50 stocks depending on the investment zone. Comgest buy stocks only when it is listed in the investment universe that may be added to portfolios, adding a company they already know well and/or have already owned in the past; and sell or trim positions when the valuation no longer appears attractive, there is a change in company fundamentals, and a superior risk-adjusted upside is identified and the holding is replaced.

Details Hidden

MFSI UK is a team-based manager which seeks to help clients build diversified portfolios using the “ADR” strategy, allocate across asset classes, diversify within each class, and rebalance regularly to maintain the desired allocation. The firm follows a proprietary bottom-up security-selection process, known as MFS Original Research, with which they seek to take advantage of investment opportunities in capital markets across asset classes globally. MFSI UK’s research analysts develop in-depth, firsthand knowledge of companies and make assessments of their long-term prospects. Portfolio managers construct diversified portfolios by combining analysts' recommendations and their own experience to select securities that match their portfolio's investment discipline. The firm’s quantitative teams help ensure that the risk levels they assume are appropriate for the portfolio’s objectives.

Recent Transactions
Details Hidden

EssilorLuxottica SA purchases The Walman Optical Co.

Details Hidden

EssilorLuxottica SA purchases Future Trading AB

Details Hidden

EssilorLuxottica SA, Essilor International SAS purchase Tejado GmbH

Transaction Advisors
Accountant

Advised onEssilorLuxottica SA purchases Polylite Taiwan Co. Ltd. /Manufacturing & Distribution Div from Polylite Taiwan Co. Ltd.

Legal Advisor

Advised onEssilorLuxottica SA purchases Luxottica Group SpA

Investment Advisor

Advised onEssilorLuxottica SA purchases Luxottica Group SpA

Legal Advisor

Advised onEssilorLuxottica SA purchases MyOptique Group Ltd. from Kreos Capital Management (UK) Ltd., Korys, Beringea LLP, Cipio Partners GmbH, Highland Capital Partners LLC, The Acceleration Group LLC (Venture Capital), GP Bullhound Asset Management Ltd., Acton Capital Partners GmbH, Amery Capital Ltd., Index Ventures SA

Legal Advisor

Advised onEssilorLuxottica SA purchases Luxottica Group SpA

Legal Advisor

Advised onEssilorLuxottica SA purchases MyOptique Group Ltd. from Kreos Capital Management (UK) Ltd., Korys, Beringea LLP, Cipio Partners GmbH, Highland Capital Partners LLC, The Acceleration Group LLC (Venture Capital), GP Bullhound Asset Management Ltd., Acton Capital Partners GmbH, Amery Capital Ltd., Index Ventures SA

Advisors & Consultants
Legal Advisor

Partner-in-Charge at Jones Day

Legal Advisor

Partner at Jones Day

Legal Advisor

Second Vice President-Trustees Board at Greenwich Library

Clients

Berkshire Hathaway, Inc. engages in the provision of property and casualty insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, and retailing services. It operates through following segments: GEICO, Berkshire Hathaway Reinsurance Group, Berkshire Hathaway Primary Group, Burlington Northern Santa Fe, LLC (BNSF), Berkshire Hathaway Energy, McLane Company, Manufacturing, and Service and Retailing. The GEICO segment involves in underwriting private passenger automobile insurance mainly by direct response methods. The Berkshire Hathaway Reinsurance Group segment consists of underwriting excess-of-loss and quota-share and facultative reinsurance worldwide. The Berkshire Hathaway Primary Group segment comprises of underwriting multiple lines of property and casualty insurance policies for primarily commercial accounts. The BNSF segment operates railroad systems in North America. The Berkshire Hathaway Energy segments deals with regulated electric and gas utility, including power generation and distribution activities, and real estate brokerage activities. The McLane Company segment offers wholesale distribution of groceries and non-food items. The Manufacturing segment includes industrial and end-user products, building products, and apparel. The Service and Retailing segment provides fractional aircraft ownership programs, aviation pilot training, electronic components distribution, and various retailing businesses, including automobile dealerships, and trailer and furniture leasing. The company was founded by Oliver Chace in 1839 and is headquartered in Omaha, NE.

Macy’s, Inc., with corporate offices in Cincinnati and New York, is one of the nation’s premier retailers, with fiscal 2011 sales of $26.4 billion. The Macy’s brand operates about 800 Macy’s department stores and furniture galleries in 45 states, the District of Columbia, Guam and Puerto Rico, as well as macys.com. The Bloomingdale’s brand includes 37 department stores and home stores in 11 states, bloomingdales.com, seven Bloomingdale’s Outlet stores in five states, and a licensed store in Dubai. Macy’s, Inc.’s diverse workforce includes approximately 171,000 employees. Prior to June 1, 2007, Macy’s, Inc. was known as Federated Department Stores, Inc. The company’s shares are traded under the symbol “M” on the New York Stock Exchange.

National Vision Holdings, Inc. engages in the retail of optical products. It operates through the following segments: Owned and Host, Legacy, and Corporate/Other. The Owned and Host segment consists of America’s Best and Eyeglass World brands. The Legacy segment involves operations of, and supplies inventory and lab processing services. The Corporate/Other segment comprises of the results of operations of the other operating segments and corporate overhead support. The company was founded in 1990 and is headquartered in Duluth, GA.

Key Stats and Financials As of 2020
Market Capitalization
$74.7B
Total Enterprise Value
$66.8B
Earnings Per Share
$0.22
EBITDAMargin
19.93%
Enterprise Value / Sales
4.12x
Enterprise Value EBITDAOperating
20.69x
TEVNet Income
699.93x
Debt TEV
0.2x
Three Year Compounded Annual Growth Rate Of Revenue
24.43%
Revenue
$16.2B
Net Profit
$95.4M
Total Equity
$36.8B
Total Debt
$13.4B
EBITDA
$3.23B
Investments
Details Hidden

DeepOptics Ltd. manufactures liquid crystal lens and focal eyeglasses. The company was founded by Yariv Haddad, Yoav Yadin, Saar Wilf and Alex Alon and is headquartered in Petach Tikva, Israel.

Details Hidden

NeuroVision Pte Ltd. manufactures medical devices. Its products include Amblyopia, Post-LASIK and Low Myopia. The company was founded by Uri Polat in Decemeber 1999 and is headquartered in Singapore.

Details Hidden

Myvu Corp. designs and manufactures video eyewear for mobile entertainment. The company was founded in 1995 and is headquartered in Westwood, MA.

Investors
Details Hidden

Chairman & Chief Executive Officer at Ribbit Leap Ltd.

Details Hidden

Co-Founder & Board Member at Gaveteiro

Details Hidden

Life Peer at United Kingdom House of Lords

Suppliers
Consort NT SA Computer Software | Paris, France

Consort NT is an integrator and operator of bespoke solutions and infrastructures. It also engages in the system infrastructures, networks and telecommunications business that provides consultancy services and information management systems services. The company was founded on September 9, 1992 and is headquartered in Paris, France.

Eastman Kodak Co. Retail: Appliances & Electronics | Rochester, NY

Eastman Kodak Co. engages in the provision of analog and digital innovations. It operates through the following segments: Traditional Printing, Digital Printing, Advanced Materials and Chemicals and Brand. The Traditional Printing segment consists of Prepress Solutions, which includes Kodak's digital offset plate offerings and computer-to-plate imaging solutions. The Digital Printing segment contains Electrophotographic Printing Solutions, Prosper, Versamark and Software. The Advanced Materials and Chemicals segment consists of four lines of business: Industrial Film and Chemicals, Motion Picture, Advanced Materials and Functional Printing and Kodak Services for Business (“KSB”). The Brand segment includes licensing of the Kodak brand to third parties. The company was founded by George Eastman in 1880 and is headquartered in Rochester, NY.

Nikon Corp. Computer Hardware | Tokyo, Japan

Nikon Corp. engages in the manufacture and sale of optical instruments. It operates through the following segments: Imaging Products, Precision Equipment, Healthcare, and Industrial Metrology and Others. The Imaging Products segment deals with the manufacture and sale of imaging products and peripherals such as digital single-lens reflex cameras, compact digital cameras, and interchangeable camera lenses. The Precision Equipment segment provides products and services for flat display panel (FPD) and semiconductor equipment. The Healthcare segment offers microscopes, cell culture observation devices, and scanning laser ophthalmoscopes. The Industrial Metrology and Others segment includes industrial equipment, glass, and custom products businesses. The company was founded by Koyata Iwasaki on July 25, 1917 and is headquartered in Tokyo, Japan.

Competitors
Hoya Corp. Medical Products & Equipment - Tokyo, Japan

HOYA Corp. engages in the manufacture and sale of imaging products, electronics, and medical-related equipment. It operates through the following segments: Information Technology, Life Care, and Others. The Information Technology segment develops, sells and produces input/output (I/O) device related products for the information and communications sector, including imaging, modern digital information and communications technology related products. The Life Care segment produces and sells health care and medical related products. The Others segment includes information system services and business contracts. The company was founded by Shigeru Yamanaka and Shoichi Yamanaka on November 1, 1941 and is headquartered in Tokyo, Japan.

Carl-Zeiss-Stiftung Investment Services & Portfolio Management - Stuttgart, Germany

Carl-Zeiss-Stiftung is a company-linked foundation. The firm manages the companies Carl Zeiss AG and SCHOTT AG, which specialize in optics and optoelectronics, as well as specialty glass and glass-ceramics. It also promotes the sciences, engineering, and mathematics at universities through dividends from the Foundation firms. The company was founded by Ernst Abbe on May 19, 1889 and is headquartered in Stuttgart, Germany.

Xiamen Yarui Optical Co., Ltd. Medical Products & Equipment - Xiamen, China

Xiamen Yarui Optical Co. Ltd. is a private company headquartered in Xiamen, China, that designs, manufactures and sells non-prescription sunglasses.

Awards & Honors
Rank #49
2014
Forbes - World's 100 Most Innovative Companies
Sponsored by Forbes Magazine
Rank #25
2011
Forbes Magazine - The Nifty 50
Sponsored by
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by EssilorLuxottica SA. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of EssilorLuxottica SA's profile does not indicate a business or promotional relationship of any kind between RelSci and EssilorLuxottica SA.