Renowned lens manufacturer Cooke Optics has been purchased in a transaction valued at over $127 million dollars by the London based investment trust company Caledonia Investments. But not to worry, the company founded in 1886, and headquartered in Leicester, UK will still be led by Chairman, Les Zellan who maintains an equity position in the firm. Cooke employs about 130 full-time staff who are also expected to stay in place.
According to Zellan, “We are delighted to be partnering with Caledonia in the next phase of Cooke’s development. Caledonia’s reputation as a long term, supportive investor gives us confidence that we can continue building the Cooke legacy derived from over 130 years of supporting the film industry.”
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