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In the News
Equistone to Sell Eschenbach Optik to Inspecs Group
Funds advised by Equistone Partners Europe (“Equistone”) have agreed to
sell their majority stake in Nuremberg-based Eschenbach Holding GmbH
(“Eschenbach”). Eschenbach is a German leader in eyewear and low
vision products, offering correction frames, and ready to wear sunglasses,
with further strong positions in Europe and the US. Eschenbach will be an
even stronger player together with the British Inspecs Group plc (“Inspecs”)
based in Bath and listed in London.
The financial terms of the transaction are undisclosed, and the transaction
remains subject to approval from the relevant competition authorities and
fulfilment of conditions precedent.
Founded in 1913, Eschenbach Optik has developed into a global market
leader for optical vision aids and one of the globally leading designers of
branded glasses and optical products. Eschenbach combines award winning
design with reliable quality, whether with distinctive eyewear brands,
magnifying vision aids or binoculars. This commitment to quality and
design is also demonstrated by the multiple “Red Dot Awards” that
Eschenbach has received for its eyewear collections in the past three years
alone.
Transitions Optical Announces Transitions XTRActive Polarized Lenses will Begin
Rolling Out in the First Quarter of 2021
Transitions Optical has announced that Transitions for extra protection for many. Transitions XTRActive
XTRActive Polarized lenses will begin rolling out in Polarized lenses are designed for patients who need extra
Canada and the U.S. in the first quarter of 2021. The protection in high-glare situations. The unique polarization
product will expand the Transitions XTRActive product technology reduces glare outdoors, providing sharper
line with the additional benefit of polarization. Transitions vision, a larger field of view and bright, vivid colours.
XTRActive Polarized lenses start clear indoors, darken Transitions XTRActive Polarized lenses use a
in the car, and achieve extra darkness and polarize breakthrough, exclusive, multi-layer matrix which hosts
outdoors in the sun. Along with Transitions XTRActive new Transitions XTRActive broad-spectrum dyes for more
lenses and Transitions XTRActive lenses style mirrors, darkness with new ultra-fast dichroic dyes that selectively
Transitions XTRActive Polarized lenses together represent absorb light waves in one direction for polarization.
the widest portfolio of extra dark lenses in the photochromic Outside, Transitions XTRActive Polarized lenses achieve a
category. polarization efficiency of up to 90 per cent, which is similar
Nine out of 10 people experience light sensitivity and one to polarized sunglasses. The lenses fade back up to two
out of three are very light sensitive, demonstrating the times faster than Transitions Vantage lenses.
need for constant light protection for all, and the need
22 / NOVEMBER - DECEMBER 2020 / www.ENVISIONMAGAZINE.ca /