Integration of the LOH Group will create a full-service provider for spectacle lens treatment. The aim is to supply the market with a sustainable offering ensured by full sales and service coverage and by superior, customer-led technical solutions. This includes process integration wherever a productivity thrust is expected. For customers the move will mean considerably simpler procedures and more productive applications.
Given the strong market foothold achieved in Europe and the USA, Asian markets in particular are also to be targeted following the merger. In addition, there are plans to merge and reinforce the sales organizations to offer customers a more effective service.
Production locations will be maintained. Once the integration is complete, the division will have production sites in Milan (I), Horgen (CH), Oensingen (CH) and Wetzlar (D).
The restructuring drive announced and initiated by LOH at individual sites will be continued.
Dr. Urs A. Meyer, currently head of Satis Vacuum, is to be appointed CEO of the expanded group. Jürgen Wengert, who has successfully headed LOH since 1995, will be leaving the company.
The press release can be downloaded from the following link:
