Marcolin will bring its historical handcrafted expertise, focused management and strong financial background to VIVA's current strong business, company represenatives note. This acquisition establishes the ideal conditions for bringing a relevant and value added product offering with a worldwide distribution network to the market.
Giovanni Zoppas, CEO of Marcolin, said: “We are very pleased to announce the closing of the acquisition of VIVA International. The complementing of the brand portfolios, the balance between male/female, optical/sun segments and geographical end market areas are strategic key factors brought to the acquisition. The combination of Marcolin and VIVA creates a leader of primary
importance in the global eyewear industry”.