# EssilorLuxottica and CooperCompanies form joint venture to acquire SightGlass Vision

EssilorLuxottica and CooperCompanies entered into an agreement to create a 50/50 joint venture to acquire SightGlass Vision, a U.S. company developing spectacle lenses to reduce myopia progression in children.

- Type: Acquisition
- Announced: 2021-02-03
- Where: United States
- Status: announced
- Products: spectacle lenses for myopia control
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [EssilorLuxottica](https://endata.com/companies/41812.md) (acquirer)
- [EssilorLuxottica](https://endata.com/companies/41812.md) (partner)
- [CooperCompanies](https://endata.com/companies/53027.md) (acquirer)
- [CooperCompanies](https://endata.com/companies/53027.md) (partner)
- [SightGlass Vision](https://endata.com/companies/53028.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2021/02/03/2169419/2200/en/EssilorLuxottica-and-CooperCompanies-Announce-Joint-Venture-for-Acquisition-of-SightGlass-Vision.html), 2021-02-03: "We are excited to join forces with CooperCompanies, a company with a strong track-record in addressing major vision conditions, including myopia, and leverage together the SightGlass Vision technology."
- [globenewswire.com](https://www.globenewswire.com/en/news-release/2021/02/03/2169419/2200/en/EssilorLuxottica-and-CooperCompanies-Announce-Joint-Venture-for-Acquisition-of-SightGlass-Vision.html), 2021-02-03: "We are excited to join forces with CooperCompanies, a company with a strong track-record in addressing major vision conditions, including myopia, and leverage together the SightGlass Vision technology."
- [aop.org.uk](https://www.aop.org.uk/ot/news/2021/02/05/essilorluxottica-and-coopercompanies-partner-for-the-acquisition-of-sightglass-vision), 2021-02-05: "The joint venture expects to accelerate the commercialisation of SightGlass Vision’s technology, which aims to reduce the progression of myopia in children."

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