Rodenstock GmbH: Company Research Report

Company Overview

Name

Rodenstock GmbH

Mission of the Company

To provide people worldwide with superior visual precision and comfort through biometric lenses.

Founding Details

• Founded: 1877

• Founder: Josef Rodenstock

Key People

• CEO: Marcus Desimoni (as of January 2023)

• CFO: Dr. Mani Herold (appointed April 2023)

• Executive Vice President, Marketing & Strategy: Catherine Stahl (appointed June 2024)

Headquarters

Munich, Germany

Number of Employees

Approximately 5,000 employees worldwide

Revenue

No information is available

Known For

Rodenstock is known as a leading medical technology company and global innovator in the field of spectacle lenses and biometric lens technology, particularly known for its B.I.G. VISION™ philosophy.

Products

Overview

Rodenstock offers a range of innovative ophthalmic products, primarily focusing on custom lenses tailored to the biometric data of individuals' eyes.

Biometric Lenses

1. B.I.G. EXACT™

• Description: High-precision lenses based on an exact biometric eye model.

• Key Features: Custom-made using DNEye® technology that measures each eye with accuracy.

2. B.I.G. NORM™

• Description: Biometric precision lenses suitable for general users, leveraging AI technology.

• Key Features: Provides precise vision correction through a standardised, yet biometrically informed production process.

3. LayR Lenses

• Description: Lenses with advanced multi-layer protection.

• Key Features: Improved durability, scratch resistance, and antistatic coating with an added blue light reduction layer.

Other Lens Types

• Progressive Lenses

• Computer Lenses

• Distance Lenses

• Reading Lenses

• Children's Lenses

• Sports Lenses

• Sunglasses

Key Features of Lenses

• Durability and Scratch Resistance: Enhanced by advanced coatings.

• UV Protection: Integrated into the layers of all lenses.

• Self-tinting Variants: Adapt to varying light for user comfort.

• Streak-free Cleaning: Advanced coatings provide easier maintenance.

Recent Developments

Appointments and Executive Changes

• Catherine Stahl joined as Executive Vice President, Marketing & Strategy in June 2024.

• Dr. Mani Herold was appointed CFO, starting April 2023.

• Marcus Desimoni became CEO in January 2023, succeeding Anders Hedegaard.

Financial Performance and Business Expansion

• Rodenstock announced solid financial performance for 2023, driven by the B.I.G VISION® product range and the launch of MyCon® lenses.

Product Innovations

• B.I.G. NORM™: Introduced in 2022 to provide a new level of biometric precision using artificial intelligence.

• LayR Technology: The new LayR technology was announced in January 2024, offering enhanced lens protection and clarity.

Strategic Movements

• Expansion into Spain: Following the incorporation of Indo Optical in 2023, Rodenstock strengthened its presence in Spain.

• Sale of Eyewear Business: Sold the eyewear business to De Rigo in December 2022 to focus more on being a leading lens med-tech company.

Market Innovations

• Introduction of B.I.G. VISION™ in 2020, emphasizing the need for lenses tailored to the unique biometric data of individual eyes.

Partnerships

• No information is available on new partnerships.

This comprehensive market research report provides an in-depth look at Rodenstock GmbH, focusing on their ongoing commitment to innovation and leadership in providing advanced ophthalmic solutions through custom-made lenses.