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Recent News and Events: Vsp Vision Insurance
The $735-million purchase yesterday of Melville-based Marchon Eyewear Inc. by VSP, the nation's largest provider of vision-care benefits, is a strategic move, designed to more efficiently match patients to eye-care products, said Al Berg, Marchon's president and chief executive.
Rancho Cordova-based VSP Vision Care bought eyewear manufacturer Marchon Eyewear Inc. on Monday in a deal that combines the nation's largest eye care benefits provider with one of the world's largest manufacturers of designer eyewear.
VSP®, the nation's largest eyecare benefits provider with 55 million members, today acquired Marchon® Eyewear, Inc., one of the industry's largest manufacturers and distributors of quality eyewear and sunwear for $735 million funded in a combination of cash and debt.
Rancho Cordova-based VSP Vision Care bought eyewear manufacturer Marchon Eyewear Inc. today in a deal that combines the nation's largest eyecare benefits provider with one of the world's largest manufacturers of designer eyewear.
