Next Consolidation Opportunity in the Ophthalmic Lens Market?

Thursday, May 14 2015 | 00 h 00 min | Financial News

Citing confidential and informed sources, Bloomberg reports that lens giants HOYA and Essilor are sizing up German lens manufacturer Rodenstock GmbH, although no formal sales process is underway.

The company may fetch as much as $557 Million, according to the report. Bridgeport, the firm that acquired Rodenstock in 2006, hired Goldman Sachs to look at strategic options earlier this year. None of the parties provided comment to the reports.

Source:

http://www.bloomberg.com/news/articles/2015-05-11/essilor-hoya-said-to-mull-bids-for-german-lens-maker-rodenstock

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