Predict your next investment

CONSUMER PRODUCTS & SERVICES | Personal / Eyewear
eschenbach-optik.com

See what CB Insights has to offer

Stage

Acquired | Acquired

Valuation

$0000 

About Eschenbach

Eschenbach provides sunglasses, frames, and optical magnifying solutions. The company designs, produces, and distributes frames and sunglasses, as well as optical magnifying equipment. The company also designs and produces custom-made, precision molded optical lenses for industrial applications.On November 19, 2020 Eschenbach was acquired by Inspecs at a valuation of $112.49M.

Eschenbach Headquarter Location

Schopenhauerstrasse 10

Nuremberg, 90409,

Germany

49 91 136 00 0

Latest Eschenbach News

INSPECS boss hails eyewear group’s trajectory

Sep 8, 2021

8 Sep 2021 South West Manufacturing Laurence Kilgannon The boss of INSPECS Group, a Bath-based designer, manufacturer and distributor of eyewear frames and lens, has hailed interim results which he said demonstrated the listed business' trajectory following the acquisition of Eschenbach at the end of last year. In the first full six-month interim results following the acquisition, INSPECS reported sales of $125.7m and made an underlying EBITDA of $17.7m, up from $700,000 in the corresponding period last year. INSPECS also narrowed reported losses before tax from $8.3m to $2.6m. Robin Totterman, chief executive of INSPECS, said: "These results reflect the hard work that our employees have put in to ensure that the group can operate despite Covid-19 restrictions. "My thanks for the flexibility our teams have displayed across the globe. Our factories have managed to carry on producing in what has been an extraordinarily difficult time and all our factory workers in Vietnam have been vaccinated to enable them to carry on production. Our plant in China has continued to operate despite Covid-19 difficulties throughout the period. Our teams across the globe continue to drive new innovation, explore opportunities and expand into new markets through integration, organic growth and acquisitions. "We have strong order books and notwithstanding the potential future disruption from Covid-19 our full year expections remain unchanged. We look forward to providing a further update with our Q3 trading update at the end of October." INSPECS has operations across the globe: with offices in the UK, Portugal, Scandinavia, the US and China, and manufacturing facilities in Vietnam, China, the UK and Italy. With the acquisition of Eschenbach, the group's international reach further extends across Europe and the American markets. TAGS

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Eschenbach Patents

Eschenbach has filed 4 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/30/2014

6/6/2017

Grant

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

Application Date

12/30/2014

00/00/0000

00/00/0000

00/00/0000

Grant Date

6/6/2017

00/00/0000

00/00/0000

00/00/0000

Title

Subscribe to see more

Subscribe to see more

Subscribe to see more

Related Topics

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Grant

Subscribe to see more

Subscribe to see more

Subscribe to see more

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.