Essilor to Buy 70 Percent Stake of Turkish Eyeglass Makers

Essilor International SA (EI), the French maker of eyeglass lenses, will buy 70 percent of Yeda Tora Optik Sanayi & Ticaret AS and Ipek Optik Urunleri Sanayi & Ticaret AS, Turkey’s antitrust agency said on its website.

Yeda and Ipek, which make eyeglass lenses, are sister companies, the filing on the Ankara-based agency’s website said.

To contact the reporter on this story: Ercan Ersoy in Istanbul at eersoy@bloomberg.net.

To contact the editors responsible for this story: Benedikt Kammel in Berlin at bkammel@bloomberg.net