Carey, Otero and Prieto eye ophthalmic lenses buy
Prieto y Cía. has helped Essilor, the world’s largest manufacturer of ophthalmic lenses, purchase a stake in its Chilean counterpart, Megalux.
Essilor paid an undisclosed sum to acquire a 51 per cent stake in the company on 18 March from the Schroter family, which was advised by Carey and Otero y Cia. The Schroter family will retain a 49 per cent stake in Megalux.
The deal will enable Megalux to benefit from Essilor’s research and development experience in Chile’s increasingly competitive corrective lenses market.
Counsel to Essilor
Prieto y Cía.
Partner Juan Tagle and associates Isabel Wolleter, Nicolás Yuraszeck and Camila Kutz
Counsel to Schroter family
Partner Diego Peralta and associates Vesna Camelio and Loreto Ribera
Otero y Cia
Partner Jose Luis Ilabaca and associate Juan Pablo Cabezón