Finance
EssilorLuxottica Buys Italian Tech Eyewear Manufacturing Firm Faro
Published by Global Banking & Finance Review®
Posted on April 23, 2026
1 min readLast updated: April 23, 2026
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EssilorLuxottica has acquired Faro, a Santa Maria di Sala–based Italian firm specializing in high-precision CNC milling and diamond-cutting machinery for eyewear and jewelry manufacturing, further reinforcing its vertically integrated production capabilities.
EssilorLuxottica Acquires Faro to Strengthen Eyewear Tech Capabilities
EssilorLuxottica's Strategic Acquisition of Faro
Acquisition Announcement
MILAN, April 23 (Reuters) - Franco-Italian eyewear group EssilorLuxottica said on Thursday it had acquired Faro, a small Italian company specialised in high-precision technologies for eyewear manufacturing.
Impact on Vertical Integration
"This acquisition further strengthens EssilorLuxottica's vertical integration by adding critical technological capabilities to the group", it said.
Financial Details
Financial details of the deal were not disclosed.
Reporting Credits
(Reporting by Elisa Anzolin, editing by Alvise Armellini)
Key Takeaways
- •Faro, with over 20 years of expertise and more than 800 machines installed globally, brings in-house hardware and software capabilities that enhance frame manufacturing precision and creativity (marketscreener.com)
- •The acquisition deepens EssilorLuxottica’s vertical integration, supporting Faro’s international growth while preserving its ‘Made in Italy’ identity and know‑how (marketscreener.com)
- •This deal follows EssilorLuxottica’s recent strategic acquisitions—such as Automation & Robotics in August 2025 and PUcore’s optical division—to strengthen its technological and manufacturing footprint across eyewear and med‑tech industries (essilorluxottica.com)
References
Frequently Asked Questions about EssilorLuxottica buys Italian tech eyewear manufacturing firm Faro
1Who has EssilorLuxottica acquired?
EssilorLuxottica has acquired Faro, an Italian company specializing in high-precision eyewear manufacturing technologies.
2What does the acquisition of Faro mean for EssilorLuxottica?
The acquisition further strengthens EssilorLuxottica's vertical integration by adding critical technological capabilities.
3Were the financial details of the EssilorLuxottica-Faro deal disclosed?
No, the financial details of the deal were not disclosed.
4What industry does Faro operate in?
Faro operates in the high-precision technologies sector for eyewear manufacturing.
