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Thursday / December 12.
HomeminewsEssilor Expands with Major US Buying Group Acquisition

Essilor Expands with Major US Buying Group Acquisition

Essilor has continued its expansion with the acquisition of a majority interest in the Professional Eyecare Resource Co-Operative (PERC) and Infinity Vision Alliance (IVA), a buying group organisation comprised of over 2400 independent eye care practices and more than 4,000 doctors in the United States.

According to Essilor, “the principals of PERC/IVA and Essilor have enjoyed a successful partnership for more than 25 years, and are united in their support of independent optometry through innovation, partnership and choice”.

“By leveraging the expertise of PERC/IVA and the resources of Essilor, we will work together to accelerate growth in the eye care industry,” said Eric Leonard, President, Essilor of America. “This partnership advances our commitment to expanding innovation in the products and services we’re able to offer eye care professionals, further enhancing their position in the industry.”

Essilor stated that PERC/IVA will continue to operate independently, led by their current leadership team, and its members will continue to have choice across all services and products.

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