Hoya to acquire Performance Optics

THURSDAY, OCTOBER 13, 2016
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HOYA CORPORATION has entered into a definitive agreement to acquire Performance Optics, including its subsidiaries Vision Ease and Daemyung Optical, for an unspecified figure.

Performance Optics specialises in making polycarbonate, photochromic, polarised and high-index eyeglass lenses.
This acquisition will strengthen Hoya’s ability to provide customers with a broader portfolio of leading products, while continuing to provide best-in-class services to the eyewear industry.
“The acquisition of Performance Optics expands Hoya’s customer reach, particularly through Vision Ease’s presence in the Americas and its strengths in polycarbonate products and technologies,” Girts Cimermans, CEO of Hoya Vision Care, said yesterday. Performance Optics is a global eyeglass lens manufacturer employing over 2,000 people around the world. With manufacturing facilities in the United States, South Korea, China, Thailand and Indonesia, Performance Optics serves the worldwide needs of eyewear customers.