CooperVision has acquired Blanchard Contact Lenses, a maker of scleral lenses.
Terms of the deal were not disclosed.
Blanchard, with its network of distributors, operates in North America, Europe (including Scandinavia), Central America, and South America. Its recently introduced OneFit MED scleral lens is being adopted by ECPs, and the company has grown globally over the past several years, with its products available in more than 20 countries, according to CooperVision.
“The acquisition further expands our scleral lens portfolio, extending the way we help improve the way people see each day,” Juan Carlos Aragón, President of CooperVision’s Specialty EyeCare Division, said in a company news release. “Its innovative products, services, technologies and people will augment what we are building with Paragon, Procornea, and Soflex. This creates even more opportunities for CooperVision to partner with eye care professionals (ECPs), and for them to meet a range of patient needs.”
Founded in 1986, Blanchard has operations in Sherbrooke, Quebec, Canada and Manchester, New Hampshire, United States, and employs approximately 70 people. Like CooperVision’s other specialty businesses, it will retain its name and continue to operate as a separate yet complementary organization. Customers should continue to work with their current representatives.
The acquisition includes Blanchard’s U.S. and Canadian entities.
“The new relationship with CooperVision will be instrumental in extending our reach and potential, providing access to a broad range of research, operations and commercial resources for the benefit of customers and wearers,” Jean Blanchard, President of Blanchard Contact Lenses, who will continue to lead the organization, said in the news release. He has also been appointed as a member of the CooperVision Specialty EyeCare global management team.