FGX International, a leading eyewear designer and marketer and wholly-owned subsidiary of Essilor International, has completed the acquisition of Suntech Optics Inc., a privately held company headquartered in Vancouver, British Columbia.
About FGX International
FGX International Inc. is a leading designer and marketer of non-prescription reading glasses and sunglasses with a portfolio of established, highly recognized eyewear brands including Foster Grant , Sight Station , Magnivision , Gargoyles , Anarchy , Corinne McCormack , SolarShield and PolarEyes . FGXI also holds licenses for brands such as Ironman, Body Glove, Disney, Field & Stream, Dockers, Reebok, Nine West, NASCAR, and Panama Jack . Based in Smithfield, RI, FGXI has approximately 500 full-time employees. Additional offices are located in New York City; San Luis Obispo, CA; Toronto; Milan; Stoke-on-Trent, England; Mexico City; and Shenzhen, China.
Essilor designs, manufactures and markets a wide range of lenses to improve and protect eyesight. Its corporate mission is to enable everyone around the world to access lenses that meet his or her unique vision requirements. To support this mission, the company allocates around €150 million to research and development every year, in a commitment to continuously bring new, more effective products to market. Essilor’s flagship brands are Varilux , Crizal , Definity , Xperio , Optifog and Foster Grant . It also develops and markets equipment, instruments and services for eye care professionals. Essilor reported consolidated revenue of €4.9 billion in 2012 and employs around 48,700 people in some 100 countries. It operates 19 plants, a total of 390 prescription laboratories and edging facilities, as well as several research and development centers around the world.