Costa Inc. and Essilor International have completed its merger
agreement. This action brings together two technology-minded partners committed to
building and defining the next generation of sun lens technology.
As a manufacturer of polarized performance sunglasses, Costa is known for its
patented 580® lens technology, which offers sharp color enhancement and
increased visual acuity. Through this agreement, Costa will serve as a proving
ground for sun lens technology developments, allowing the brand to continue
bringing sun lenses to the fishing and outdoor market, while taking eye
protection, visual experience and lens durability to new levels.
“This is a positive development for Costa, Inc. and for fans of the Costa
brand,” said President of Costa Sunglasses Chas MacDonald, “As a member of the Essilor family, we'll
maximize their world class resources and technology to develop the next several
generations of lens technology, while continuing our growth in the U.S. and
internationally, especially within the Rx realm. We remain committed to
building the best performance sunglasses for outdoor enthusiasts everywhere,
and supporting the programs most important to them.”
The merger also enables Costa to leverage Essilor's expertise in surface
coatings to develop innovative products in response to specific needs, such as
anti-fog or hydrophobic lenses. In the prescription sunglasses segment, Essilor
and Costa will work together to broaden product offerings.
“Costa's superior lens performance, which enhances the visual experience
and eye protection for outdoors enthusiasts, is a perfect match for
Essilor,” said Eric Thoreux, in charge of Essilor's Readers & Sun
strategy. “Through our technology resources, you'll see new performance
features built into the future of Costa's sunglasses, exceeding the already
high expectations Costa's customers have come to expect.”
Costa will remain based in Daytona Beach, Fla., with no immediate changes to
its operations or distribution.
