Hilco Vision - the creator of smart optical solutions since 1956 - announces today the acquisition of LBI's cases and accessories division located in Las Vegas.

LBI's Las Vegas operations will remain in place and former owner, Chett Lehrer, will stay on, assuring continuity for the future.

Ross Brownlee, CEO of Hilco Vision, commented:

"The Consumer Accessories category is an increasingly important one for Hilco Vision as we seek to simplify the buying experience for our customers. We have long been impressed by the capabilities and loyal customer base that LBI has built for their cases and accessories programs. We are excited to expand their reach and intend to leverage our own digital capabilities to enhance even further the customer experience."

Chett Lehrer added "LBI prides itself on an exceptional product and customer focus. We have strong belief that partnering with Hilco Vision will bring an even stronger proposition to our customers while protecting what we have built over more than 20 years."

The two companies will operate independently for the next few months according to the integration roadmap, with LBI continuing to support sales and service.

For more information on Hilco Vision and their full collection of products and brands, please visit hilcovision.com

About Hilco Vision

Hilco Vision has been creating Smart Optical Solutions since 1956, delivering comprehensive solutions to customers built on a platform of innovation and operational excellence. It has direct subsidiaries in the USA, Canada, UK, Germany, Benelux, Australia, NZ, Hong Kong and China. The company's product portfolio is concentrated on 5 primary product categories: Professional Tools, Vision Protection, Consumer Accessories, Lenscare and Eye care.

About LBI

Since its inception in 1949, LBI, a family owned and operated business, has been an eyewear industry leader. One of the first eyewear companies to import European styles in North America, LBI created a name for itself in terms of quality and fashion in frames, cases and accessories. Excellence for Value is our motto.