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Finance

EssilorLuxottica buys Italian tech eyewear manufacturing firm Faro

Published by Global Banking & Finance Review

Posted on April 23, 2026

1 min read

· Last updated: April 23, 2026

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EssilorLuxottica buys Italian tech eyewear manufacturing firm Faro

Finance Markets Mergers & Acquisitions

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MILAN, April 23 (Reuters) - Franco-Italian eyewear group EssilorLuxottica said on Thursday it had acquired Faro, a small Italian company specialised in high-precision technologies for eyewear

EssilorLuxottica Acquires Faro to Strengthen Eyewear Tech Capabilities

EssilorLuxottica's Strategic Acquisition of Faro

Acquisition Announcement

MILAN, April 23 (Reuters) - Franco-Italian eyewear group EssilorLuxottica said on Thursday it had acquired Faro, a small Italian company specialised in high-precision technologies for eyewear manufacturing.

Impact on Vertical Integration

"This acquisition further strengthens EssilorLuxottica's vertical integration by adding critical technological capabilities to the group", it said.

Financial Details

Financial details of the deal were not disclosed.

Reporting Credits

(Reporting by Elisa Anzolin, editing by Alvise Armellini)

Key Takeaways

Faro, with over 20 years of expertise and more than 800 machines installed globally, brings in-house hardware and software capabilities that enhance frame manufacturing precision and creativity (marketscreener.com)
The acquisition deepens EssilorLuxottica’s vertical integration, supporting Faro’s international growth while preserving its ‘Made in Italy’ identity and know‑how (marketscreener.com)
This deal follows EssilorLuxottica’s recent strategic acquisitions—such as Automation & Robotics in August 2025 and PUcore’s optical division—to strengthen its technological and manufacturing footprint across eyewear and med‑tech industries (essilorluxottica.com)

References

Frequently Asked Questions

Who has EssilorLuxottica acquired?

EssilorLuxottica has acquired Faro, an Italian company specializing in high-precision eyewear manufacturing technologies.

What does the acquisition of Faro mean for EssilorLuxottica?

The acquisition further strengthens EssilorLuxottica's vertical integration by adding critical technological capabilities.

Were the financial details of the EssilorLuxottica-Faro deal disclosed?

No, the financial details of the deal were not disclosed.

What industry does Faro operate in?

Faro operates in the high-precision technologies sector for eyewear manufacturing.

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EssilorLuxottica buys Italian tech eyewear manufacturing firm Faro

EssilorLuxottica Acquires Faro to Strengthen Eyewear Tech Capabilities