Sector: Consumer goods
Country: Germany
Responsible Advisor:
Entry: Mar 2005
Exit: May 2013

EQT III bought Carl Zeiss Vision in 2005.

It was created by the merger of NYSE-listed Sola International Inc. with the eyeglass lens division of Carl Zeiss AG. The company is the global number three and designs, manufactures and distributes a broad range of eyeglass lenses, primarily focusing on the growing organic lens segment.

In 2013, EQT III sold its stake in Carl Zeiss Vision to Carl Zeiss AG.

Key events during EQT's ownership

  • Created Carl Zeiss Vision by merging the eyeglass division of Carl Zeiss AG with the NYSE listed company, Sola International Inc. in 2005
  • As part of the integration work production transfers to low cost countries, accelerated consolidation of mass manufacturing and SG&A cost reduction programs have been executed
  • New self-tinting product line (photofusion) developed and launched