Luxottica acquires 33 percent in Salmoiraghi & Viganò

Luxottica Group S.p.A. has announced the finalisation of the

acquisition of a minority stake in the Italian eyewear brand Salmoiraghi & Viganò. The deal was announced in late 2012 and keeps in line with Luxottica acquisitions pipeline.

The Italian leading group in design, manufacture and distribution of fashion, luxury and sports eyewear announced earlier this week the closing of the acquisition of a 36.33 percent equity stake in Salmoiraghi & Viganò.

The transaction, which is valued at 45 million euros, was previously announced on November, 27, 2012 and aimed at providing Salmoiraghi & Viganò with the resources required to re-establish its financial resources and to support its future growth.