# EssilorLuxottica to acquire Espansione Group

EssilorLuxottica signed an agreement to acquire Italy-based Espansione Group, a specialist in noninvasive medical devices for dry-eye and retinal diseases, to expand its med-tech portfolio.

- Type: Acquisition
- Announced: 2019-09-03
- Where: Italy, Italy
- Status: announced
- Products: noninvasive medical devices for dry-eye, ocular surface and retinal diseases
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [EssilorLuxottica](https://endata.com/companies/41812.md) (acquirer)
- [Espansione Group](https://endata.com/companies/41813.md) (target)

## Sources

- [wwd.com](https://wwd.com/accessories-news/eyewear/essilorluxottica-sign-new-acquisition-agreement-med-tech-1236769007/), 2019-09-03: "this investment, proudly made in one of our home countries, will expand our portfolio of medical devices and solidify our role in the optical industry."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.