VSP Vision Finalizes Deal to Acquire Marcolin
- Thomas Waller
- 2 days ago
- 1 min read
Founded in northern Italy in 1961, Marcolin today distributes its eyewear collections in more than 125 countries.
Marcolin eyewear Courtesy of VSP Vision
It’s official. VSP Vision has completed the acquisition of Marcolin, a global leader in eyewear design, manufacturing and distribution, from PAI Partners and other minority shareholders.
“The acquisition of Marcolin marks another important milestone in our 70-year history of providing VSP members, clients, network doctors, owned retail locations and key customers with more value and choice,” VSP Vision president and chief executive officer Michael Guyette said in a statement.
“Marcolin’s portfolio of globally renowned brands, manufacturing expertise and geographic presence greatly complement Marchon Eyewear’s brand portfolio and capabilities, further strengthening our ability to meet evolving customer needs throughout the world.”
According to the statement, Marcolin and Marchon, the U.S.-based eyewear designer, manufacturer and distributor of eyewear under VSP, will continue to operate as they do today.
Founded in northern Italy in 1961, Marcolin distributes its eyewear collections in more than 125 countries. Its portfolio of luxury and lifestyle brands includes Tom Ford, Zegna, Christian Louboutin, ic! berlin, Max Mara, Guess and many others.
CapM Advisors acted as the exclusive financial adviser, and Latham & Watkins acted as the legal adviser to the shareholders of Marcolin. Kirkland & Ellis LLP and Chiomenti acted as legal advisers to VSP.
The deal was first signed in September, but the purchase price was not disclosed.
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