Good-Lite Company acquires Richmond Products

Good-Lite Company, a manufacturer of vision testing and evaluation products, has acquired Richmond Products, a manufacturer of eye examination products, according to a press release issued by Good-Lite Company.

Richmond will operate under the same name and as a division of the Good-Lite Company. The acquisition will allow the companies to expand their products and continue their close relationship, the release stated.

"The acquisition will enable both organizations to expand our leadership positions in our respective segments of the eye care market," Chris Greening, general manager of Good-Lite, said in the release. "Richmond's strong presence in medical schools and their exclusive distribution rights to several innovative products will complement our complete range of vision testing products."

"We will be able to support the expanded development of solutions for the emerging areas in eye care such as traumatic brain injury, vision rehabilitation, binocular vision and pediatric ophthalmology and optometry," Lloyd Powell, president of Richmond Products, said in the release.

Both companies will remain in their current location, and staff will stay in their current roles, according to the release.