Archive for the ‘Mergers & Acquisitions’ Category

VSP and Marchon: Delivering the Best in Eyecare

Posted on August 18th, 2008 by Rob L.

I have some exciting news to share today; VSP acquired Marchon , one of the three largest eyewear companies in the world.

VSP and Marchon are optical industry trailblazers with complimentary leadership experience in eyecare and eyewear. Blending the exceptional products, services, and expertise of Marchon with VSP creates a more integrated eyecare delivery platform.

The partnership allows us to compete more effectively in the global marketplace, and enhance our premier supply network. Improved turnaround times, quality, service, and savings will benefit eyecare professionals, VSP members, and our customers.

Another unique aspect is the merger of Marchon’s OfficeMate Software Solutions with VSP’s Eyefinity to establish the leading eyecare business solutions organization in North America.

These important developments expand the capabilities of the VSP Family of Companies, which now deliver:

Eyecare benefits

A portfolio of internationally-recognized eyewear brands

Integrated eyewear design and manufacturing capabilities

Practice-management technology

Custom interior designs and merchandising systems

Today we welcome Marchon to VSP; together we’ll reach new heights by focusing on quality, service, and operational excellence.

What’s next? Well, we’re committed to continuously strengthening our business, so stay tuned as we announce further efforts to deliver the best in eyecare and eyewear.

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Becoming a Global Eyecare Leader

Posted on November 6th, 2007 by Rob L.

For more than 50 years, we’ve supported private practice and delivered the best eyecare benefits nationwide. But like many industries, eyecare is changing—and becoming more global. Because we’re committed to private practice, we’re taking steps now to become a global leader in eyecare delivery.

How? By making investments that expand our business. We’re always looking for ways to develop stronger relationships with others that work with private practitioners.

Just recently, to enhance our contract lab network we invested in Perfect Optics®, an optical laboratory located near San Diego, CA. This helps us strengthen our relationship with Carl Zeiss Vision, a current Perfect Optics partner and one of the top lens manufacturers in the world.

We also recently expanded our lab business in the Southwest by acquiring Legends 4.0TM in Lewisville, TX. Legends 4.0 is VSP’s third wholly-owned lab, making us more competitive. And because Legends 4.0 is now part of our National Contract Lab Network, it gives VSP doctors another option when selecting a lab. It also gives us the potential to grow and expand.

I’m excited about these investments and how they’ll help us continue supporting private practice. What do you think about the changing eyecare industry?

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