Essilor acquires majority stakes in Hyd company

Bangalore, Mar 10 (UNI) The city-based Essilor India Private Limited, a subsidiary of Essilor International and one of the global leaders in spectacle lenses, today acquired the majority stake in 20 20 Rx Processing Centre,' an existing franchises of the company.

In a release here, Essilor Managing Director B Jayanth said the acquisition of the majority stake in the company based here, would help develop and grow Indian optical market through its own entity.

'This new JV is a demonstration of Essilor's commitment to the opticians in Andhra Pradesh to help them give their customers superior brands and products.'' UNI RM MV JJ 1903