Visilab

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Visilab SA

logo
legal form Corporation
founding 1988
Seat Geneva SwitzerlandSwitzerlandSwitzerland 
management Daniel Mori
( CEO and Chairman of the Board of Directors )
Number of employees 867 (2013)
sales 297 million CHF (2016)
Branch Optics retail
Website www.visilab.ch

Visilab SA is a Swiss company based in Geneva that operates an optician branch network. Visilab is a subsidiary of Groupe PP Holding and GrandVision . The Visilab company has a market share of just over 25% of the Swiss optics market.

Field of activity

Visilab sells glasses and sunglasses ( branded items ) as well as contact lenses and related accessories. This company's stores provide the traditional ophthalmic and optometry services. The Visilab Group's Swiss market share was 16% in 2005, 25% in 2012 and 27% at the end of 2017 7. Visilab is number 1 on the Swiss optics market. At the end of 2017, the company had a branch network with around 100 specialist shops and employed between 950 and 1000 people. The gross turnover was 251 million Swiss francs.

history

The company was founded in 1988 as a subsidiary of the family-owned Groupe PP Holding in Geneva, where the first optician's store was opened. As a result, Visilab expanded its business activities in western Switzerland by opening more stores. Visilab stands out from the competition because of its fast eyewear production. Each specialist shop has its own production laboratory integrated in the shop for the manufacture and processing of corrective lenses .

From 1994 onwards, the company expanded its business activities to include German-speaking Switzerland , and in 1999 also took over the Kochoptik optics business and in 2007 those of Grand Optical in Switzerland. The takeover of the latter took place against the transfer of 30% of the Visilab shares to the owner of Grand Optical, the GrandVision Group. This made GrandVision the company's second largest shareholder.

In the 2010s , Visilab developed a new strategy and began developing sales over the Internet. This strategy enabled Visilab to offer its customers new services in 2018 and, according to the company's management, also explains to a large extent why the company can continue to expand its market share in Switzerland even 30 years after it was founded. On September 1, 2017, GrandVision increased its stake in Visilab's share capital from 30 to 60%. GrandVision will become the majority shareholder and will increase its stake to 79% in 2019. However, the operational management of the company remains with the founding families. Visilab took over McOptic in 2019 . At the end of July 2019 it was announced that EssilorLuxottica intends to take over the shares of the HAL Group in GrandVision.

Individual evidence

  1. ↑ a b c Jean-Claude Péclet: Le Prix de l'entreprise suisse romand retient six finalistes . In: Le Temps . March 29, 2005.
  2. ↑ Serge Guertchakoff: Pharmacie Principale, une 3e génération visionnaire . In: Bilan . November 27, 2013.
  3. ↑ a b c Visilab étoffe son chiffre d'affaires de près de 6% en 2017 . In: Swissinfo . February 27, 2018.
  4. ^ Anne-Sophie Crouzet: Visilab, leader suisse de la distribution optique, se lance dans l'e-commerce . In: L'Ol Mag . March 14, 2016.
  5. ↑ Visilab with new branches and new record sales . In: look . March 10, 2016.
  6. ↑ a b Serge Guertchakoff: Visilab change d'actionnaire majoritaire . In: Bilan . 22nd September 2017.
  7. ↑ Visilab va se lancer dans la vente en ligne . In: Tribune de Genève . March 10, 2016.
  8. ^ Yannick Chavanne: Visilab remporte le Digital Award 2017 . In: ICT Journal . January 26, 2017.
  9. ^ Bernhard Fischer: Visilab boss Daniel Mori sells majority . In: Handelszeitung . 20th September 2017.
  10. ↑ GrandVision doubles belang in Visilab . In: De Telegraaf . 4th September 2017.
  11. ↑ Philipp Felber-Eisele: Optical giant makes Swiss eyewear retailers tremble. In: tagesanzeiger.ch . August 2, 2019, accessed August 3, 2019 .
  12. ↑ Takeover: Visilab swallows McOptic with 62 branches - and plans further expansion. Retrieved on August 4, 2019 (Swiss Standard German).
  13. ↑ https://www.essilorluxottica.com/essilorluxottica-acquire-hals-7672-interest-grandvision-and-launch-mandatory-public-offer-remaining

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