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Organization

Bausch & Lomb

American optical company, based in Rochester, New York; maker of Ray-Ban until it sold its sunglass business in 1999.

13 links, 1 backed by primary records

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Also known as
Bausch + Lomb
Over time
  1. stakeholders Warburg Pincus Oct 2007 – 27 May 2013

Connections 13

founded

  • Ray-Ban 1937 Scholarship & press 1

    As a brand, renamed from the Anti-Glare sunglasses.

stakeholders

  • Warburg Pincus Oct 2007 – 27 May 2013 Scholarship & press 2

    The investor group led by Warburg Pincus that received $4.5 billion of the 2013 price.

acquired by

developed

  • Ray-Ban Aviator Scholarship & press 1

    Slate places the Army Air Corps call for anti-glare goggles in the 1920s; other accounts give other years.

launched

involved in

includes

  • Ray-Ban until 28 Jun 1999 Scholarship & press 7

headquartered in

Timeline 6 dates
  1. 1937 Bausch & Lomb founded Ray-Ban
  2. until 28 Jun 1999 Ray-Ban part of Bausch & Lomb
  3. 2004 Bausch & Lomb launched ReNu with MoistureLoc
  4. Oct 2007 – 27 May 2013 Warburg Pincus owns a stake in Bausch & Lomb
  5. Oct 2007 Warburg Pincus acquired Bausch & Lomb
  6. 27 May 2013 Valeant Pharmaceuticals acquired Bausch & Lomb
Proof 8 sources
  1. Do aviators wear aviators?, Slate, May 2009. Scholarship & press
    Bausch & Lomb rebranded the Anti-Glares as Ray-Ban sunglasses (so-called because they banish rays) in 1937 and started selling them to the general public.
    The optical instruments company Bausch & Lomb delivered the Anti-Glare Aviator Sunglasses, which had metal frames, large teardrop-shaped lenses to shield peripheral vision, and a green tint
  2. Valeant to buy Bausch & Lomb for $8.7 billion (Reuters, via Fox Business), Reuters, via Fox Business, 27 May 2013. Scholarship & press
    The deal, to be financed through debt and equity, will see some $4.5 billion go to an investor group led by Warburg Pincus LLC
    Valeant Pharmaceuticals International Inc said on Monday that it had inked an $8.7 billion cash deal to take over eye health company Bausch & Lomb Holdings.
  3. 600 eye fungus suits settled by contact maker, The Associated Press, via NBC News, 31 May 2009. Scholarship & press
    When Bausch & Lomb was acquired by private equity firm Warburg Pincus for $3.67 billion in October 2007
    MoistureLoc, launched in 2004 with novel disinfectant and moisturizing ingredients
    Over the past year, away from the glare of public scrutiny, the optical products company has quietly settled nearly 600 fungal-infection lawsuits — with dozens more individual claims yet to be resolved. The cost so far: Upward of $250 million.
  4. Update: Fusarium Keratitis — United States, 2005–2006 (MMWR Dispatch), Centers for Disease Control and Prevention, 19 May 2006. Primary record
    Ongoing surveillance continues to identify persons who used MoistureLoc and had disease onset after April 13, when Bausch & Lomb withdrew this product from the market in the United States.
  5. Bausch & Lomb gets win in suits, The Associated Press, via Vindy Archives, 1 Sep 2009. Scholarship & press
    In a statement, Bausch & Lomb said that in Fusarium-related cases “where people were directly affected, the company sought to compensate them fairly, and has done so through more than 600 settlements — the vast majority of these claims.
    “At the same time, we have vowed to fight vigorously where there is no scientific basis for claims, and will continue to do so.”
    a federal judge in South Carolina said there’s no reliable scientific basis for arguing that MoistureLoc caused an additional 1,024 lens wearers across the United States to contract assorted bacterial, viral and parasitic infections.
  6. B&L eyewear brands sale completed, Rochester Business Journal, 28 Jun 1999. Scholarship & press
    Bausch & Lomb Inc. and Luxottica SpA today completed Luxottica’s cash purchase of Bausch & Lomb’s sunglass business for $640 million.
  7. B&L eyewear brands sale completed, Rochester Business Journal, 28 Jun 1999. Scholarship & press
    The transaction includes all of Bausch & Lomb’s lines of sunglasses, including Ray Ban, Revo, Arnette and Killer Loop brands.
  8. Luxottica's Future is So Bright, Visual Merchandising and Store Design, 2001. Scholarship & press
    It also purchased the sunglasses business of Bausch & Lomb (Rochester, N.Y.) – including the Ray-Ban and Revo brands – in 1999.
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