Business news from Ukraine


EssilorLuxottica French-Italian holding, a large player on the global eye-glass, optic equipment market, could acquire Luxoptica, the largest Ukrainian eye-glass network with 176 shops, the Antimonopoly Committee of Ukraine has reported. The committee said that the committee on Thursday will discuss the provision of a permit to Essilor Nederland Holding B.V. (the Netherlands), fully owned by EssilorLuxottica, to acquire over 50% in International Optical House Holding B.V. (the Netherlands), which holds 100% of Luxoptica Holding LLC (Kyiv).
According to the unified public register of legal entities and private entrepreneurs, the ultimate beneficiaries of Luxoptica Holding are Nadia Shalomova, wife of businessman and former head of the presidential administration of Ukraine Borys Lozhkin, and co-owner of the Dobrobut medical network Oleh Kalashnikov.
Luxoptica was not immediately available for comment.
EssilorLuxottica is a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses.
EssilorLuxottica supplies its products to a wide network with more than 10,000 stores, and also sells its products in line with the omnichannel sales model.
In particular, the company is known for such brands of glasses as Ray-Ban and Oakley, optical technologies Varilux and Transitions and ophthalmic retail chains Sunglass Hut and Lenscrafters.
The French Essilor acquired the Italian company Luxottica Group in 2017 for EUR 22.8 billion, creating the largest European lenses manufacturer as a result of the transaction.