Announced
Financials
Sources
Tags
Cross Border
Acquisition
Friendly
Luxury Items
Denmark
Private
Majority
optical glasses
Single Bidder
Pending
eyewear
Synopsis
Kering, a global Luxury group that develops an ensemble of luxury houses in fashion, leather goods, jewellery and watches, agreed to acquire Lindberg, a family-owned Danish eyewear company. Financial terms were not disclosed. "We are thrilled to welcome Lindberg into the Kering Eyewear family. I have the highest respect and admiration for what Henrik Lindberg and his family have built over the past 35 years. Lindberg is the absolute luxury eyewear and it will come as a perfect complement to the brand portfolio that Kering Eyewear has been assembling since 2014, making it even more relevant to our specialized distribution network. We look forward to working with the Lindberg teams to further increase their brand awareness and amplify their international reach,” Roberto Vedovotto, Kering President and CEO.
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