VSP Vision Finalizes Deal to Acquire Marcolin

Core Insights - VSP Vision has officially completed the acquisition of Marcolin, enhancing its position in the eyewear industry [1] - The acquisition is seen as a significant milestone in VSP's 70-year history, aimed at providing more value and choice to its members and clients [2] - Marcolin's extensive portfolio and manufacturing expertise will complement VSP's existing brand capabilities, particularly through Marchon Eyewear [2] Company Overview - Marcolin, founded in 1961 in northern Italy, distributes eyewear collections in over 125 countries and includes luxury brands such as Tom Ford, Zegna, and Christian Louboutin in its portfolio [3] - Both Marcolin and Marchon will continue to operate independently post-acquisition, maintaining their current business models [3] Advisory and Legal Support - CapM Advisors served as the exclusive financial adviser for Marcolin's shareholders, while Latham & Watkins provided legal advice [4] - VSP was advised by Kirkland & Ellis LLP and Chiomenti in the transaction [4]