ID
× COMMENTARYCOVER STORYIN THE NEWSNEWSFRONTSCHEMENTATOR + Show More
Chemical Engineering MagazineChementator Briefs
PET recycling Last month, Unilever N.V. (Rotterdam, the Netherlands.; www.unilever.com)…
BUSINESS NEWSTECHNICAL & PRACTICALFACTS AT YOUR FINGERTIPSTECHNOLOGY PROFILEENGINEERING PRACTICEEQUIPMENT & SERVICESFOCUS
MilliporeSigmaFocus on Safety
Protect bioreactors from a variety of contaminants Viresolve Barrier capsule…
NEW PRODUCTS + Show More SHOW PREVIEWS
IFATShow Preview IFAT
IFAT (May 14–18, Munich, Germany; www.ifat.de) is the world’s leading…

Comment

3M to sell safety prescription eyewear business

By Mary Page Bailey |

3M (St. Paul, Minn.; www.3m.com) has entered into an agreement to sell its safety prescription eyewear business to HOYA Vision Care, a global leader in the eyeglass lens industry. The safety prescription eyewear business is part of 3M’s Personal Safety Division, which is in the Safety & Graphics Business. Terms of the transaction were not disclosed.

The business, with more than 90 years as an industry leader in safety prescription eyewear in North America, provides a comprehensive line of frames, prescription lenses, and premium coating options in a custom-made solution. 3M’s safety prescription eyewear business has annual global sales of approximately $45 million.

“After a thorough strategic review, we have decided to exit the safety prescription eyewear business to focus on our core personal safety businesses,” said Bernard Cicut, vice president and general manager, Personal Safety Division. 3M will retain its safety non-prescription eyewear business, often referred to as plano eyewear.

3M is a global leader in personal safety solutions, including respiratory protection, fall protection, hearing protection, and plano (non-prescription) eye protection.

The transaction is expected to close during the first quarter of 2017, subject to customary closing conditions. Approximately 140 3M employees are expected to join HOYA after the transaction has closed.

Related Content
Understanding New PPE Regulations
The new European Union Personal Protective Equipment (PPE) Regulation explained, and what it means for the chemical process industries The…

Chemical Engineering publishes FREE eletters that bring our original content to our readers in an easily accessible email format about once a week.
Subscribe Now
The Future of Project Execution
Digitalization: What does it deliver today… and tomorrow?
Trinseo Digitizes Control System Migration Projects to Achieve Fast ROI
Purdue University Saves $400,000 Annually with Local Vacuum Networks
Bag filter Housings/Vessels

View More

Live chat by BoldChat