VISION EASE ACQUIRES DMO
Ophthalmic lens manufacturer
VISION EASE immediately expands
its product portfolio and distribution
capabilities with the acquisition of
Daemyung Optical Co. Ltd. (DMO).
Details of DMO is the second largest
optical lens manufacturer in Korea,
with two production facilities in
South Korea and one in China.
The acquisition doubles the size of
VISION EASE while adding critical
high-index cast lenses to its product
portfolio, including 1.74, 1.67 and
1.60 high-index lenses. The deal also
expands VISION EASE’s distribution
channels to high-growth markets
throughout Asia.
22 EYE FOCUS | December Digital 2015
“DMO is a leader in high-quality cast
lenses, which complements VISION
EASE’s strength in polycarbonate lens
manufacturing,” said John Weber, CEO
of VISION EASE.
VISION EASE’s investor, Wind Point
Partners, supported this acquisition
as part of its business growth strategy
for VISION EASE.
“By expanding our offerings with
these new, in-demand lenses, we will
be a better partner to customers
looking to improve their businesses
results.”
“Daemyung Optical is a smart
investment because it’s an established
market leader with a complementary
product portfolio and an extensive
distribution network,” said Matt Moran,
Vice President with Wind Point Partners.
This new ownership also signals
global expansion for DMO, whose
products and market reach will now
extend into the North and South
American markets that VISION
EASE serves.
“We look forward to continuing to
grow VISION EASE’s business and
capabilities through strategic acquisitions and the addition of new markets,
and providing long-term leadership
for DMO.”