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Home > Finance > Kering buys stakes in Italian eyewear manufacturers Visard, Mistral

Finance

Kering buys stakes in Italian eyewear manufacturers Visard, Mistral

Published by Global Banking and Finance Review

Posted on April 3, 2025

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PARIS (Reuters) - Gucci owner Kering said on Thursday its high-end eyewear division had signed an agreement to acquire the entire share capital of Italian manufacturer Visard and a minority stake in another Italian company Mistral.

The transaction is expected to go through in the third quarter of 2025, Kering said, without giving any financial details.

It could complete a full acquisition of Mistral in 2030, it added.

(Reporting by Gianluca Lo Nostro; Editing by Benoit Van Overstraeten)

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