Page 22 - Envision November-December 2020
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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  /
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