The deal marks a new milestone for EssilorLuxottica, which was formed last year from the merger of French lens maker Essilor and Italian eyewear group Luxottica, but which has been hit by disputes over who should run the group.GrandVision, whose chains include Vision Express in Britain and For Eyes in the United States, would give EssilorLuxottica control of more than 7,000 outlets across the world where it already sells brands including Varilux lenses and Ray Ban sunglasses.But the deal is likely to face intense scrutiny by competition regulators. The European Union only approved the 48 billion euro merger of Essilor and Luxottica after a long study.”EssilorLuxottica is looking here to address all the segments of the market, from glasses with Essilor to spectacles with Luxottica and retail with GrandVision,” said Gregoire Laverne, a fund manager with Roche Brune Asset Management.Article Sidebar ShareShare this Story: EssilorLuxottica sets sights on retail dominance with $8 bln GrandVision deal Copy LinkEmailFacebookTwitterRedditLinkedInTumblrStory continues belowThis advertisement has not loaded yet, but your article continues below.Article content continued”There are synergies to be expected given the group will be able to push its products through GrandVision stores. But the deal poses a real challenge for EssilorLuxottica which is struggling with governance issues,” he added.EssilorLuxottica said it had agreed to buy a 76.72% stake in GrandVision from Dutch investment company HAL NV for 28 euros per share.
The style of mat is called elliptical, and was used with daguerreotypes in the 1840s to 1850. Ambrotypes were still produced into the 1860s, but would more likely have a fancier oval or scalloped brass mats, I would say 1855 1860 seems fair. An Albertan bartender introduced it to me here in Toronto 6 years ago and it now my go to on rough Sunday mornings.