Event

Luxottica buys Bausch & Lomb’s sunglass business (1999)

Luxottica paid $640 million in cash for all of Bausch & Lomb’s sunglass lines, including Ray-Ban, completed 28 June 1999.

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Dates
28 Jun 1999

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Timeline 1 date
  1. 28 Jun 1999 Luxottica buys Bausch & Lomb’s sunglass business (1999)
Proof 2 sources
  1. 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.
  2. 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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