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Essilor acquires buying group, doctor alliance
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Essilor announced that it acquired a majority interest in the Professional Eyecare Resource Co-Operative and Infinity Vision Alliance, which is a group purchasing organization comprising more than 2,400 independent eye care practices in the U.S.
“This partnership advances our commitment to expanding innovation in the products and services we’re able to offer eye care professionals, further enhancing their position in the industry,” Essilor of America President Eric Leonard, said in a company press release.
The Professional Eyecare Resource Co-Operative (PERC) operates out of Southern California and functions as a group purchasing organization, according to the press release.
Infinity Vision Alliance (IVA) is a doctor alliance also based in Southern California. IVA negotiates discounts with partner companies and passes the discount on to members.
PERC/IVA will continue to operate independently, led by their current leadership team, and its members will continue to have choice across all services and products, according to the announcement.