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Announced

Completed

Thelios completed the acquisition of Vuarnet from NEO Investment Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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fashion accessories

Cross Border

Private

Single Bidder

France

sunglasses

Clothing and Accessories

Acquisition

Majority

Completed

Friendly

Private Equity

Synopsis

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Thelios, an Italian eyewear brand, completed the acquisition of Vuarnet, a French sunglasses company, from NEO Investment Partners, a private equity firm. Financial terms were not disclosed. “The opportunity to buy Vuarnet came at the right moment for us, we felt ready for this kind of operation after six years in business taking major steps in our industrial set up.” Alessandro Zanardo, Thelios CEO.

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