iVision Tech S.p.A. Acquires IVILENS OOD and Enters the Ophthalmic Lens Market
In a strategic move to continue its growth path and diversify its offerings in the eyewear sector, iVision Tech S.p.A. has successfully acquired a 60% stake in IVILENS OOD, marking a significant entry into the ophthalmic lens market. iVision Tech S.p.A. further expands its horizon by incorporating the production and marketing of finished and semi-finished ophthalmic lenses.
Stefano Fulchir, CEO of iVision Tech, states:
“We are very pleased with this operation because it consolidates our growth path focused on the integration of the eyewear supply chain.
The production of acetate glasses for international, national, and independent brands remains the core business of iVision Tech, on which we focus for the development of the company, completing the offer with the two recent acquisitions. With the Henry Jullien brand, we have complemented the production with metal and laminated gold, which we distribute to more than 2,000 opticians in France and over 25 countries worldwide. The next step could only involve lenses, to offer a complete product to both the B2B segment and the end customer. With this acquisition, in fact, we will be able to manage the entire glasses production process, from the frame to the finished lens, thanks to the production of progressive and single-vision lenses. This adds substantial value to the integrated production process, expanding the offering and further consolidating iVision’s competitive position in the sector, ensuring its luxury segment customers a complete service from design to finished glasses.