FGX International Inc. Acquires Suntech Optics Inc.

SMITHFIELD, R.I.— FGX International, a wholly-owned subsidiary of Essilor International (ESSI.PA), has announced that it has completed the acquisition of Suntech Optics Inc., a privately held company headquartered in Vancouver, British Columbia. This acquisition also included the purchase of Naked Eye Enterprises and Bugaboos Eyewear Corporation. The terms of the deal were not disclosed.   "The Suntech acquisition strengthens our position as the leading non-prescription sunglasses and over-the-counter reading glasses company, and is a key strategic business accomplishment to solidify our position in the North American market," said Cesar Melo, CEO of FGX International. -   See more