Tag: EssilorLuxottica

EssilorLuxottica can raise Nikon stake to 20%

October 6, 2025October 12, 2025 GaryPageau EssilorLuxottica, Nikon

French-Italian eyewear maker EssilorLuxottica has secured permission to raise its stake in Nikon Inc. to as much as 20% under Japan’s Foreign Exchange and Foreign Trade Act, Nikon said in a press release. The maker of Ray-Ban sunglasses has also raised its holding in Nikon to 10.8% from 9.6% to become the largest shareholder. As previously announced, EssilorLuxottica has been... Read More

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Bloomberg: Ray Ban owner EssilorLuxottica to boost Nikon stake

August 26, 2025August 29, 2025 GaryPageau Bloomberg, EssilorLuxottica, Nikon, Ray-Ban

Bloomberg News reports EssilorLuxottica is considering a potential deal to raise its stake in Japanese optical equipment manufacturer Nikon Corp. The Franco-Italian maker of Ray-Ban glasses is looking to increase its Nikon stake to around 20% from the nearly 9% it currently holds.Discussions are taking place but there is no certainty a transaction will materialize, according to the same sources,... Read More

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Ray-Ban owner EssilorLuxottica takes 5% stake in Nikon

October 9, 2024October 9, 2024 GaryPageau EssilorLuxottica, Nikon

Reuters reports Franco-Italian eyeglass maker EssilorLuxottica is deepening its ties with Japan’s Nikon Corp. by taking a stake in the camera above 5%, as a long-term financial investment to support the company and its management. The 5.1% stake corresponds to 170 million euro ($187 million) investment, according to a regulatory filing and LSEG data cited by Reuters. EssilorLuxottica has brands... Read More