Essilor shares rose last week when CEO Xavier Fontanet said it was considering a bid for Germany's Rodenstock, up for sale by its majority stakeholder Permira (News, August 18).
A report on AFX News said that the move for the well-respected lens maker would open the door for Essilor to markets in Germany and Latin America.
Véronique Gillet, VP, Investor Relations Essilor International told Optician that as an ophthalmic industry leader it felt it was its duty to consider the matter. Essilor would need to review Rodenstock's products and services portfolio in detail as well as their market positions before making other comments.
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