April 3, 2025
Kering buys stakes in Italian eyewear manufacturers Visard, Mistral
PARIS (Reuters) - Gucci owner Kering (EPA: PRTP ) 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.