Vancouver-based Coastal Contacts (which also does business as and has been bought by a French company for $430 million. The buyer, Essilor International, is the world’s largest manufacturer of prescription eyewear lenses. Essilor payed a premium for Coastal Contacts, and the deal is expected to close within the next 90 days pending shareholder and regulatory approval.

CEO Roger Hardy, who owns more than 10% of Coastal Contacts, stated: “The combination will enhance’s ability to achieve its goals while realizing a significant all-cash premium for our shareholders. I am confident this merger is the right decision for, our employees and our shareholders.” His company’s board of directors unanimously approved the sale.

Coastal Contacts’ share price surged with the announcement of the deal. Essilor offered $12.45 cash per share. The company’s previous three-month, volume-weighted share price average was about $8.73 prior to the takeover announcement, while its six-month average was $6.78, only just over half of Essilor’s offer.

Coastal Contacts has roughly 750 employees with about 400 in Vancouver, 80 in Blaine, Washington, about 200 in Sweden and a number of employees in Australia and in New Zealand, according to Mr. Hardy. “Eighty-five per cent of our employees are shareholders, so this is an exciting moment for them,” he said.

Besides its onine business, now operates bricks-and-mortar store locations in Vancouver and Toronto.

It will open more Canadian stores as well as international locations. We’ll soon be announcing another Canadian bricks-and-mortar store location, which will be its first store within a shopping mall.


  • I was suggested this website by my cousin. I am not sure whether this post is
    written by him as no one else know such detailed about my problem.

    You are incredible! Thanks!

  • Hi colleagues, how is all, and what you want to say regarding this article, in my view its actually remarkable in support of me.

  • Great info. Lucky me I discovered your website by accident (stumbleupon).
    I’ve saved as a favorite for later!

  • For stainless steel sinks, put some soda water on an absorbent cloth to
    clean, then clean dry utilizing a clean fabric.

  • Those spores are sitting in the duct work waiting
    for the perfect storm of conditions to sprout and grow.

  • For instance, carpeted floors, heavy curtains and some kind of tapestry work
    can be efficiently invigorated with the help of these machines.

  • These companies from trade leading professionals give the
    best possible return on investment to each consumer beyond doubt.

  • We want to give you the abilities, assets, and expertise you should get the most out of
    the SEARCH ENGINE OPTIMIZATION providers cost of your enterprise.

  • Hi it’s me, I am also visiting this site on a regular basis, this website is
    genuinely nice and the viewers are actually sharing good thoughts.

  • I was recommended this website by my cousin. I am not sure whether this
    post is written by him as nobody else know such detailed
    about my problem. You’re wonderful! Thanks!

  • Thanks for sharing such a good idea, post is fastidious, thats
    why i have read it entirely

  • Have you ever thought about adding a little bit more than just your articles?
    I mean, what you say is valuable and everything.
    However just imagine if you added some great photos or video clips to give your posts more, “pop”!

    Your content is excellent but with pics and clips, this website could undeniably
    be one of the best in its field. Awesome blog!

  • You need to take part in a contest for one of the highest quality sites on the web.
    I am going to highly recommend this blog!

  • Market Chief WEB OPTIMIZATION Plan: Our Market Chief plan is designed for large online businesses
    who need to goal up to 150 distinctive key phrases or phrases.

  • Very good article. I will be experiencing many of these issues as

  • This is very interesting, You’re a very skilled blogger.

    I have joined your rss feed and look forward to seeking more of your magnificent post.

    Also, I’ve shared your site in my social networks!

  • Hi there i am kavin, its my first occasion to commenting anywhere, when i read this
    article i thought i could also create comment due to this brilliant piece of writing.

  • I couldn’t resist commenting. Exceptionally well

  • I love your blog.. very nice colors & theme. Did you design this website yourself
    or did you hire someone to do it for you? Plz answer back as I’m looking to create my own blog and would like to know where u got this
    from. kudos

  • Awesome blog! Do you have any recommendations
    for aspiring writers? I’m planning to start my own site soon but
    I’m a little lost on everything. Would you recommend starting with a
    free platform like WordPress or go for a paid option? There are so
    many options out there that I’m completely confused ..
    Any ideas? Many thanks!

  • ghfttkahtkhat234 Мы вам никак не владеем для сотни%
    достоверной отчетом о изготовителе нашей
    добавки. Наша страна они не придумали тоже сведений о регистрации на
    сайте торгашеского символа «Редкий
    каштанчик» ни в представленном Российской федерации,
    у Украине, ни целиком который-либо не тот государству общества.

    жидкий каштан цена киев, жидкий каштан реальные отзывы, жидкий каштан для похудения реальные отзывы, жидкий каштан реальные отзывы ,жидкий каштан как принимать

  • This product is known for the following advantages:. However most
    studdies indicate that long term use (12
    months or more) of saw palmetto also eased urination and increased sexual function significantly.
    People are looking out for safe and natural ways for male enhancement even from the historical times.

  • Nosotros hicimos nuestra la misión de crear
    un sitio de chat simple de emplear, honesto y sin coste para ligar y hacer citas.
    , Pues Tinder no quiere que les abandones, de tal modo que
    te presenta a un sujeto que ha conseguido una enorme cantidad de matches anteriores.

  • Since the admin of this web site is working, no doubt very
    soon it will be well-known, due to its feature contents.

  • El masaje se aplicará con el propósito de amasar y devolver a ese músculo a un estado natural.

  • I have learn some excellent stuff here. Certainly price bookmarking for revisiting.
    I wonder how a lot effort you place to make this type of excellent informative web site.

  • The DHS suspects that the security breach took place
    by means of an Internet portal that is currently in place
    for utility control systems workers to gain access to important information and intradepartmental processes.
    With 49 different plants, 26 types of zombies, unique upgrades, and loads more,
    Plants vs. Nowadays, it’s no longer a luxury or recreational
    household itemanymore and practically every home has one.

  • 2 seed Rafael Nadal in the first round of the Cincinnati Masters, reaching the final of the Swedish Open, and the semifinals in Washington DC.
    You can also get some discount on rates if you book
    online. During the 1970s, the boat found mooring facing the beautiful
    Ile Saint Louis at the Port de la Tournelle, just under the famed restaurant,
    ‘La Tour d’Argent’ and steps from Notre Dame Cathedral in Paris.

  • Remember when I said we use proxies from different countries?

  • to get

  • This zoom hack is very helpful as zoom characteristic is disabled while taking part in the game with none hacks.

  • So great to see amazing articles within this blog.

    Appreciation for posting and sharing them.

  • The hack applies within 15 minutes directly to your account as if
    you had bought them or earned them with time.

  • Discover the old walled city with its narrow cobbled streets.

    Prague is one of the most popular tourist destinations in Europe.

    During the 1970s, the boat found mooring facing the beautiful Ile Saint Louis
    at the Port de la Tournelle, just under the famed restaurant,
    ‘La Tour d’Argent’ and steps from Notre Dame Cathedral
    in Paris.

  • I’m gone to say to my little brother, that he should also go to see this
    web site on regular basis to obtain updated from latest news update.

  • Greetings! Very useful advice within this article!
    It is the little changes that make the most significant changes.
    Thanks a lot for sharing!

  • After I originally left a comment I appear to
    have clicked the -Notify me when new comments are added- checkbox and from now on every time a comment is added I get four emails with the same comment.
    There has to be a means you can remove me from that service?

  • Its like you learn my thoughts! You appear to understand so much approximately this, such as you wrote the book in it or
    something. I feel that you could do with some p.c.
    to force the message home a little bit, but instead of that, that is great blog.
    An excellent read. I will certainly be back.

  • What’s up to all, how is the whole thing, I think every one is getting more from this
    web page, and your views are pleasant for new viewers.

  • You can explore art galleries, theaters, museums, cinemas, restaurants, and clubs, lying within a short distance.
    Prague is one of the most popular tourist destinations in Europe.
    Today one can get reasonably quoted furnished Paris apartment rent.

  • Allí de súbito me vino un pequeño pequeño agarrando de las piernas y en el momento
    en que me gire era su hijo.

  • Las capas son esenciales para que puedas conseguir esa melena
    fluida a fin de que sea tu mejor aliada en tu ritmo de vida.
    – cuya licencia fue concedida a favor de El aspecto final de
    ésta es afín a la de una trenza corriente, mas
    se caracteriza por el hecho de que se hace a partir de 2 mechones de pelo en lugar de tres.

  • It’s amazing to pay a quick visit this website and reading the
    views of all colleagues regarding this piece of writing,
    while I am also zealous of getting familiarity.

  • Situated in the Port de Suffren at the foot of the Eiffel Tower, the Simpatico is one
    of the few truly romantic vacation rentals in Paris that one naturally hopes to find when seeking an unusual holiday accommodation to the general selection of small hotel rooms and
    apartments of limited interest. At your rental apartment there
    will be no maid knocking at the door to clean up, no sound of a vacuum cleaner in the next room waking you up.
    Today one can get reasonably quoted furnished Paris apartment rent.

  • The group of this samui villa are qualified and stick
    to the traveller with complete warmness.

  • Author Bio: Ron Katz is famous author who writes about travelling experiences by visitors and stay in rental apartments in world’s best locations like paris,
     paris near by locations and Apartment in Paris.
    As the island is a popular residential area, the variety of housing with rents Ile St.

    All the rooms in the hotel are air-conditioned with attached bathrooms that are adequately equipped with modern facilities.

  • Quand vous plantez plusieurs graines via pot, espacez-les, pour que cette transplantation soit facile.

  • Wow, fantastic blog layout! Just how long have you
    been blogging for? you make blogging appear easy.
    The overall look of your web site is wonderful, not to mention this article!

  • Greate article. Keep posting such kind of information on your page.
    Im really impressed by it.
    Hi there, You’ve done a fantastic job. I will definitely
    digg it and in my view suggest to my friends. I’m sure they will be benefited from this web site.

  • Y esta forma de hacer dinero ya ha hecho que algunas personas generen decenas y decenas de miles y miles de euros por año, e inclusive cientos de miles.

  • You can explore art galleries, theaters, museums, cinemas, restaurants,
    and clubs, lying within a short distance. Paris is filled with riverboats that
    can take tourists to certain locations such as the Bridge of Love.
    There is absolutely no need to worry about the location and

Scroll Up