Hilco Vision Acquires Simovision BV, Distributor of Ophthalmic Products

Hilco Vision Acquires Simovision BV, Distributor of Ophthalmic Products

November 24, 2021

Hilco Vision announced the acquisition of Belgium and Netherlands-based Simovision BV as of November 17, 2021.

Simovision is an ophthalmic product distributor with specific divisions in Belgium and the Netherlands that provide consumables and equipment for refractive, cataract, and retina surgery, as well as dry eye patients.

The business, established by Marc Simonet in 2002, will continue to be headquartered in Overijse, Belgium.

Ross Brownlee, CEO of Hilco Vision commented, “Ophthalmic products are a core part of our proposition in North America, while in Europe, our channel and product focus has primarily been bringing differentiated solutions to opticians.”

“This acquisition is the first step to ensure our portfolio and reach can be expanded to include specialist ophthalmologists and clinics in Europe. The innovation and service model championed by Simovision represents a strong fit with our aspirations, and we are excited to partner with Marc and his team going forward.”

“Simovision has established important relationships with hospitals, private clinics, surgeons, and leading manufacturers over many years and we look forward to the next chapter of bringing innovative solutions to the market as part of Hilco Vision,” stated Marc Simonet, CEO of Simovision, who along with his team, will continue with the company.

Hilco Vision is a global vision care company, with direct subsidiaries in the United States, Canada, the United Kingdom, Germany, Australia, China, the Netherlands, and, most recently, Belgium.

The company's product portfolio includes Professional Optical Tools, Ophthalmic Supplies, Vision Protection, Consumer Accessories, and Lens Care.