MILAN, June 22 (Reuters) – Ray-Ban owner Luxottica said on Friday it had bought the world’s top manufacturer of optical glass sun lenses Barberini in a 140 million euro ($163 million) deal.
“The transaction allows the group to strengthen its know-how in glass sun and prescription lenses, which is considered the most valuable among optical materials,” Luxottica said in a statement.
Milan-based Luxottica, the world’s biggest eyewear group, is expected to close soon its merger with French lens manufacturer Essilor agreed at the start of last year.
($1 = 0.8578 euros) (Reporting by Valentina Za; Editing by Mark Potter)
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