Italian eyewear specialist De Rigo SpA said Monday it is taking over Rodenstock’s Eyewear division.
The acquisition is seen as instrumental in growing the scope and footprint of De Rigo.
The company has been ramping up its licensing business recently and consolidating its premium and luxury eyewear division, with the additionto its portfolio, which includes Philipp Plein, Furla, Blumarine and Trussardi, to name a few, and soon Porsche Design. Additionally, Rodenstock Eyewear’s footprint in central Europe and particularly Germany is viewed as an opportunity for De Rigo to grow its presence in that market.
“I am proud to announce this agreement with Rodenstock, with whom we share the values of operational excellence and a client- and people-centric business,” said Maurizio Dessolis, executive vice chairman of De Rigo. “We are delighted to complement our portfolio of premium products with the prestigious Rodenstock brands.…We are confident that building on our global platform and network we will be able to support the continued growth of the business and its brands.
Touting De Rigo’s know-how and distribution prowess, Anders Hedegaard, chief executive officer of Rodenstock, noted that the eyewear specialist “will ensure business continuity for our eyewear business and we look forward to our continued collaboration. Due to their great deal of knowhow in the frames business and excellent access to international markets De Rigo is ideally positioned to further drive the development of the eyewear business and strengthen its brands.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gold-based passive heating for eyewearResearchers at ETH Zurich have developed an ultrathin, gold-based transparent coating that is able to convert sunlight into heat. It can be applied to glass and other surfaces to prevent them from fogging. Applications for the new coating include eyewear and car windshields.
Read more »
Amgen confirms to acquire Horizon Therapeutics in cash deal valued at about $27.8 billionAmgen Inc. undefined said Monday it has agreed to acquire Horizon Therapeutics Plc undefined in an all-cash deal valued at $27.8 billion, confirming earlier...
Read more »
Amgen to buy Horizon Therapeutics in $26.4 billion dealAmgen will acquire Horizon Therapeutics, a biopharmaceutical company that focuses on treatments for rare autoimmune diseases, in a deal valued at $26.4 billion.
Read more »
Could a Cult-Classic Italian Film Forecast ‘The White Lotus’ Season Finale?‘L'avventura,’ in addition to serving as inspiration for creator Mike White, may hint at what could happen in ‘The White Lotus’ season finale.
Read more »
Amid rising energy costs, Italian cooks go old-school to save gasIn a town in Tuscany, some cooks are moving away from the stove to cook meals in boxes with thick wool lining. These portable ovens use the wool's convection properties as a means of slow cooking.
Read more »
Amid rising energy costs, Italian cooks go old-school to save gasIn a town in Tuscany, some cooks are moving away from the stove to cook meals in boxes with thick wool lining. These portable ovens use the wool's convection properties as a means of slow cooking.
Read more »