Essilor buys Suntech

Essilor International has announced the acquisition of Canadian sunglass and reading glasses distributor Suntech Optics for an undisclosed amount.

With annual revenue of around $15m, a statement said Suntech markets a range of reading glasses and sunglasses under the Infokus and Solair brands to more than 2,800 retail outlets in the drug, grocery and mass channels of distribution in Canada.

Through its Bugaboos subsidiary, the company also owns and distributes the Ryders Eyewear performance sunglass brand to 1,800 retail locations in North America, South America and Europe.