Transitions Optical Ltd / Essilor International

OFT closed case: Anticipated acquisition of Transitions Optical Limited & Intercast Europe S.r.l. by Essilor International (Compagnie Générale d’Optique) S.A.

Anticipated acquisition of Transitions Optical Limited & Intercast Europe S.r.l. by Essilor International (Compagnie Générale d’Optique) S.A.

Affected market: Ophthalmic lenses

No. ME/6235/13

Acquisition of Transitions Optical Limited

On the basis of the information available to it, the Office of Fair Trading (OFT) has decided that the anticipated acquisition of Transitions Optical Inc, Transitions Optical Limited and Transitions Optical Holdings B.V. by Essilor International (Compagnie Générale d'Optique) S.A. does not qualify for investigation under the mergers provisions of the Enterprise Act 2002 (the Act), because neither the UK turnover test nor the share of supply test in section 23 of the Act is met. A relevant merger situation will not, therefore, be created.

Acquisition of Intercast Europe S.r.l.

The OFT has further decided that, on the basis of the information available to it, the anticipated acquisition of Intercast Europe S.r.l. by Essilor International (Compagnie Générale d'Optique) S.A. does not qualify for investigation under the mergers provisions of the Act, because neither the UK turnover test nor the share of supply test in section 23 of the Act is met.  A relevant merger situation will not, therefore, be created.

Published 27 January 2014