Snapshot
January 03, 2020

Bausch & Lomb signs on as official sponsor for Coachella

Participating in this sponsorship deal:

Data Screen shot 2015 02 12 at 6.29.05 pm

About Sponsor:

Bausch & Lomb, an American company based in Rochester, New York, is one of the world's largest suppliers of eye health products, including contact lenses, lens care products, medicines and implants for eye diseases. The company was founded in 1853 by two Germans, John Jacob Bausch and Henry Lomb. Its Ray-Ban brand of sunglasses was sold in 1999 to the Italian Luxottica Group. Bausch & Lomb was a public company listed on the NYSE until it was acquired by private equity firm Warburg Pincus PLC in 2007. In May 2013, Valeant agreed to buy Bausch & Lomb from Warburg Pincus LLC for $8.57 billion in cash. The deal, which was approved by shareholder, includes $4.2 billion earmarked to pay down Bausch & Lomb debt. Today, the company employs about 13,000 people in 36 countries.

About Property:

The Coachella Valley Music and Arts Festival (commonly referred to as Coachella or the Coachella Festival) is an annual music and arts festival held at the Empire Polo Club in Indio, California, located in the Inland Empire's Coachella Valley in the Colorado Desert.

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