DKSH enters ophthalmic optics sector in Singapore through partnership with FGX, a subsidiary of Essilor International

DKSH, the leading Market Expansion Services provider with a focus on Asia, has partnered with FGX, an Essilor International subsidiary, to market and distribute the company's range of vision care solutions.

Media release

Singapore, January 17, 2019 – DKSH Business Unit Healthcare, Asia's leading partner for healthcare companies seeking to grow their business in Asia, has entered a partnership with FGX, an Essilor International subsidiary and a world leader in corrective lenses, driven by innovation for over 160 years.

Headquartered in France, the company is a designer and manufacturer of vision care solutions to target different vision needs from correcting eyesight to protecting eyes from harm and discomfort. Products include sunglasses, prescription frames to non-prescription optical solutions, and are distributed in more than 100 countries.

FGX is the division of Essilor producing popular-priced eyewear, focusing on modern trade distribution. The company designs and sources over 125 million pairs of eyewear annually, with annual revenue approaching USD 500 million.

DKSH will manage marketing and merchandising as well as warehousing and distribution of FGX's range of products to chain pharmacies in Singapore. Flagship brands include Foster Grant, Sight Station, Magnivision, Gargoyles, Corinne McCormack and SolarShield. Through this partnership, FGX can tap into DKSH's shared sales force and logistics solutions to achieve cost efficiencies, increase its presence and build brand equity in Singapore.

Marco Polinelli, Director of Business Development, Asia Pacific FGX, said of the partnership: “We are very excited to be bringing our eyewear to Singapore through our partnership with DKSH. We have a large portfolio of exciting brands that we are sure will appeal to the Singaporean market. We want to help Singaporeans improve their eyesight and protect their eyes from harmful UV radiation by bringing them stylish and quality eyewear.”

Ankur Pandey, General Manager, Healthcare, DKSH Singapore, said: “We are proud to partner with a market-leading eyecare advocate to improve our Singaporean customers' lives by improving their sight. With the largest dedicated salesforce in Asia and our capillary distribution network, we are committed to driving expansion and deepening Essilor Amera's brand presence in Singapore.”

For further information please contact:

DKSH Holding Ltd.

Joelyn Tan

Manager, Branding & Communications

Phone +65 9859 7161

joelyn.tan@dksh.com

Sheena Flannery

Manager, Group Communications, Consumer Goods & Healthcare

Phone +66 22209739

sheena.flannery@dksh.com