Essilorluxottica Indicators an Settlement to Purchase a Majority Stake in Heidelberg Engineering

(PRESS RELEASE) PARIS, FR AND HEIDELBERG, DE — EssilorLuxottica and Heidelberg Engineering introduced that they entered into an settlement for the acquisition of an 80% stake in Heidelberg Engineering, a Germany-based firm specializing in diagnostic options, digital surgical applied sciences and healthcare IT for scientific ophthalmology. Drawing on EssilorLuxottica’s long-standing experience within the design and manufacture of superior devices and imaginative and prescient care options for eyecare professionals, this settlement represents a step ahead within the Group’s technique and its med-tech journey.

Based by Dr. Gerhard Zinser and Christoph Schoess in 1990, Heidelberg Engineering brings in depth technological and scientific experience in optical coherence tomography (OCT), real-time picture processing and analytics, large-scale knowledge evaluation and digital surgical navigation, to serve medical professionals, scientists and researchers throughout a broad vary of ophthalmic areas.

With a presence in over 100 international locations, for greater than three a long time Heidelberg Engineering has been a reference in early detection of sight-threatening situations akin to glaucoma and age-related macular degeneration. As a part of EssilorLuxottica, Heidelberg Engineering will proceed to serve the market beneath their well-established model, delivering the identical options and experience their prospects have come to count on and belief.

“Heidelberg Engineering, famend for its experience in early detection and prognosis, is an ideal match for EssilorLuxottica as it should bolster our presence within the med-tech area. Heidelberg Engineering, with its dedication to analysis and improvement, rooted in excellence, shares our core values. By harnessing the total spectrum of our Group’s capabilities within the optical trade, from logistics to manufacturing to international distribution, we’re devoted to fostering their long-term progress whereas enhancing the physician and affected person expertise,” commented Francesco Milleri, chairman and chief govt officer, and Paul du Saillant, deputy chief govt officer at EssilorLuxottica.

“Innovation and high quality have been key drivers for Heidelberg Engineering ever since Gerhard Zinser and I based the corporate 35 years in the past,” added Christoph Schoess, co-founder and managing director of Heidelberg Engineering. “Our mission has at all times been to develop merchandise that present complete, correct, and clinically related info to assist ophthalmologists in attaining higher outcomes for his or her sufferers. Our future targets embrace enhancing picture high quality by means of greater decision, increasing the functions of imaging applied sciences, and integrating AI options into the rising HEYEX Healthcare IT platform. We’re delighted that EssilorLuxottica, a world chief in eyecare, embraces our imaginative and prescient for making a shared care system spanning from analysis to residence monitoring. Collectively, we’re strongly positioned to considerably advance affected person care and enhance scientific outcomes.”

The transaction is predicted to shut in H2 2024 pending regulatory approvals and different customary closing situations.

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