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Sola company history timeline

1804

Basilio Sola, who landed in Puerto Rico in 1804

1826

The largest glassmaker in the world, Pilkington was founded in the wake of the Industrial Revolution The company began as part of the St Helens Crown Glass Company, a concern founded by the Pilkington and Greenall families in 1826.

Francisco De Sola, aged 40, who landed in New Orleans, La in 1826

1829

Francisco Sola, aged 30, who arrived in New Orleans, La in 1829

1831

Fco Sola, who landed in New Orleans, La in 1831

1922

Sola was founded in 1922 by Mr.

1956

1956: A group of optical technicians in Adelaide, Australia, begin developing plastic lenses.

1963

The company that acquired Sola was AEA Investors, Inc., an investment firm that began to take shape after a conversation during lunch in November 1963.

1970

The company continued to operate in relative obscurity even after it joined the ranks of publicly held enterprises in 1970, but it began to attract more attention after Sir Antony Pilkington expanded the company's glass business internationally.

1979

The company's first diversifying move was the acquisition of an Australian lens maker named Sola International, a purchase made in 1979, four years after Sola had established manufacturing operations in the United States, when it opened a facility in Sunnyvale, California.

1989

The strategy created an investment company Fortune described in a June 5, 1989 article as "like a small greenhouse where companies are repotted and refertilized in carefully controlled light and temperature--a place where all the gardeners have green thumbs."

1993

In 1993, the high minds at AEA turned their attention to Pilkington's Sola, creating a Menlo Park, California, investment partnership, Sola Group Ltd., in September to complete the acquisition of the eyeglass lens manufacturing operations.

1994

EQT was an equity firm founded in 1994.

1996

The larger of the two acquisitions was announced first, when Sola revealed in May 1996 that it had agreed to pay $107 million for the worldwide lens division of American Optical Corp.

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