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EssilorLuxottica Acquires Italian Tech Firm Faro

The eyewear giant EssilorLuxottica announced today the acquisition of Faro to enhance its vertical integration. The deal adds high-precision tech to its group.

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The franco-italian eyewear giant ESSILORLUXOTTICA has announced the acquisition of Faro, a specialized manufacturer based in Italy. The deal targets the small firm's expertise in high-precision technologies, which are essential for modern eyewear production and assembly.

The EssilorLuxottica logo is displayed at the SILMO exhibition in Villepinte, France. REUTERS/Benoit Tessier
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