EssilorLuxottica Acquires Faro, an Italian High-Precision CNC Machinery Maker for Eyewear Manufacturing

EssilorLuxottica has acquired Faro, an Italian company with 20+ years of expertise in designing, manufacturing, and distributing high-precision CNC machinery used for milling and diamond cutting for the jewelry and eyewear industries. The acquisition is intended to deepen EssilorLuxottica’s vertical integration by adding precision manufacturing technology capabilities, while giving Faro access to EssilorLuxottica’s global resources for long-term growth.