In parallel, the Board of Directors of Essilor SAS is being streamlined to 5 members from the previous 15, with a view to simplify decision processes and reduce the overlap with the EssilorLuxottica Board of directors. Despite the difficult context, the integration between Essilor and Luxottica gathered pace in 2020, with several joint projects initiated this year thanks to the team collaboration. When Spring rolled around, the two new partners declared that the moniker EssilorLuxottica had been approved by its newly-created Board of Dire… Italy's Luxottica and France's Essilor have agreed a 46 billion euro ($49 billion) merger to create a global eyewear powerhouse with annual revenue of more than 15 billion euros. As I assume my new responsibilities, I think first about our employees whose dedication and commitment in these difficult times need to be praised. “I’m fully confident in Paul’s ability to write a successful new page in the integration of Essilor and Luxottica, together with a renewed team of energized young executives. Following the contribution by Delfin (the majority shareholder of Luxottica) of its 62.42% stake in Luxottica to Essilor today, Essilor became the parent company of Luxottica and was renamed EssilorLuxottica. Essilor and Delfin successfully complete the combination of Essilor and Luxottica by creating EssilorLuxottica, a global leader in the eyecare and eyewear industry. DALLAS and NEW YORK—Essilor and Luxottica, subsidiaries of EssilorLuxottica (Reuters: ESLX.P), and Luxottica’s EyeMed, are announcing today EssilorLuxottica 360, a new joint commercial program that will drive growth for independent eyecare professionals across the U.S, the companies said, adding, … Découvrez plus sur l'entreprise. Luxottica Group S.p.A. is an Italian eyewear conglomerate and the world's largest company in the eyewear industry. The combined holding company named EssilorLuxottica is a global leader in the design, manufacture and distribution of ophthalmic lenses, prescription frames and sunglasses. COPYRIGHT ©2020 LUXOTTICA GROUP P.IVA 10182640150 / All Rights ReservedSubject to direction and coordination activity by EssilorLuxottica S.A. – 712 049 618 R.C.S. This younger and more focussed executive team brings together ample experience of the combination with Luxottica in many key areas and illustrates the rich talent pool of Essilor. The Combination of Essilor and Luxottica was conceived with one overarching aim: to improve vision around the world by creating the best possible eyewear that protects and corrects each individual’s eyesight while addressing their personal tastes and aspirations. Essilor is responsible for creating Varilux, the world's first progressive lens, which corrects presbyopia and allows clear vision in the wearer's near, intermediate and far vision. They will lead Essilor, driven by its historic human values, at the core of which lie diversity, entrepreneurial spirit and employee shareholding. Jalonnée d’avancées technologiques majeures, cette longue histoire est aussi celle d’une culture d’entreprise d’autant plus forte qu’elle s’est construite sur des valeurs et sur une ambition unique : aider chacun à mieux voir. January 16, 2017 – 6.45 a.m CET – Essilor and Delfin today announce the signing of an agreement designed to create an integrated player dedicated to visual health and superior consumer experience through a combination of Essilor [Euronext Paris: EI] and Luxottica Group [MTA: LUX; NYSE: LUX]. Tel: +33 (0)1 49 77 45 02, Media Relations By closing this banner, scrolling this page, clicking on a link or continuing browsing in any other way, you will agree to use of the cookies. Paul du Saillant has served as Deputy CEO of Essilor since 2019 and as COO from 2010 to 2019. Find out more about the major Shareholders and stay up-to-date about changes in share capital. Delfin S.à.r.l, the majority shareholder of Luxottica Group S.p.A. and Essilor International (Compagnie Générale d’Optique), today announced the successful completion of the combination of Essilor and Luxottica. Dreams Come True: Luxottica and Essilor to Merge Luxottica Group S.p.A. 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