Cooper Companies' $51 mil. Aspect buy would add European distribution arm.
This article was originally published in The Gray Sheet
Executive Summary
COOPER COMPANIES' $51 MIL. ASPECT VISION BUY WOULD ADD EUROPEAN DISTRIBUTION platform for the CooperVision contact lens business, according to a definitive agreement announced Nov. 20. The definitive pact follows a Sept. 3 non-binding letter of intent ("The Gray Sheet" Sept. 8, In Brief). Southampton, England-based spherical contact lens maker Aspect Vision Care "is an ideal platform to launch our specialty lens product line into the European market," Cooper CEO and CooperVision president Thomas Bender states.