VSP Vision completes acquisition of Marcolin

VSP Vision has announced the completion of its acquisition of Marcolin, a global leader in eyewear design, manufacturing and distribution, from PAI Partners and other minority shareholders.

VSP Vision president and chief executive officer Michael Guyette said the acquisition represents a significant milestone in the organisation’s 70-year history and supports its long-term strategy of expanding value and choice for members, clients, network doctors, owned retail locations and key customers.

“Marcolin’s portfolio of globally renowned brands, manufacturing expertise and geographic presence strongly complement Marchon Eyewear’s existing brand portfolio and capabilities,” Guyette said. “This further strengthens our ability to meet the evolving needs of customers worldwide.”

Following the transaction, both Marcolin and Marchon will continue to operate independently under their existing business models.

Founded in northern Italy in 1961, Marcolin is recognised for its combination of Italian craftsmanship and advanced manufacturing technologies. The company’s portfolio spans luxury, lifestyle and performance eyewear brands, including Tom Ford, Zegna, Christian Louboutin, ic! berlin, Max Mara and Guess, among others. Marcolin distributes its collections in more than 125 countries through a global network of subsidiaries and partners.

CapM Advisors acted as exclusive financial adviser, with Latham & Watkins serving as legal adviser to Marcolin’s shareholders. Kirkland & Ellis LLP and Chiomenti acted as legal advisers to VSP Vision.

The acquisition further reinforces VSP Vision’s global eyewear capabilities and underscores its ongoing investment in innovation, scale and brand diversity across the optical sector.