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The Kering Group announced on Thursday the acquisition of the Danish luxury eyewear manufacturer, Lindberg. The agreement was signed with a view to Kering Eyewear acquiring 100% of Lindberg’s capital.
Lindberg, a family business founded in 1969 in Denmark by Poul-Jørn Lindberg and his wife, has become particularly popular in the luxury eyewear sector thanks to the founders’ son, Henrik Lindberg, and is now present all over the world. Their promise? “High-end optical frames with a unique design, ultra-light and customizable, with a specialization in titanium frames.” The company’s followers include heads of state such as François Hollande, Queen Elizabeth II, Queen Margrethe II of Denmark and celebrities such as Brad Pitt, Matt Damon and Meryl Streep. The particularity of Lindberg is its choice not to affix any logo on the outside of the frame.
Henrik Lindberg, co-founder and CEO of Lindberg said, “We share with Kering the same vision of the essential place of design in our business. That is why the Lindberg family is very happy to pass the torch to Kering Eyewear. We are convinced that within the Kering group, whose values and vision of excellence we share, and under the leadership of Roberto Vedovotto, LINDBERG will be able to reach new heights, in keeping with its DNA.”
This acquisition marks a major turning point and an important step for the development of Kering Eyewear. This action reinforces Kering Eyewear’s position as a major player in the high-end eyewear sector, thanks in particular to the history and prestige already established by the House of Lindberg. Both companies will be able to benefit from each other’s strengths and enhance their potential.
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“We are very pleased to welcome LINDBERG to the Kering Eyewear family I have great respect and admiration for what Henrik Lindberg and his family have built over the past 35 years L INDBERG is synonymous with exceptional luxury in the eyewear market The brand will perfectly complement the portfolio built by Kering Eyewear since 2014 while strengthening its positions with specialist retailers. We look forward to working with the LINDBERG teams and further increasing the brand’s awareness and geographic presence,” said Roberto Vedovotto, Chairman and CEO of Kering Eyewear, in a release.
The transaction, which is subject to the approval of the relevant competition authorities, is expected to be completed in the second half of 2021.
Read also > KERING INVESTS IN COCOON, A LUXURY BAG RENTAL PLATFORM
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The Kering Group announced on Thursday the acquisition of the Danish luxury eyewear manufacturer, Lindberg. The agreement was signed with a view to Kering Eyewear acquiring 100% of Lindberg’s capital.
Lindberg, a family business founded in 1969 in Denmark by Poul-Jørn Lindberg and his wife, has become particularly popular in the luxury eyewear sector thanks to the founders’ son, Henrik Lindberg, and is now present all over the world. Their promise? “High-end optical frames with a unique design, ultra-light and customizable, with a specialization in titanium frames.” The company’s followers include heads of state such as François Hollande, Queen Elizabeth II, Queen Margrethe II of Denmark and celebrities such as Brad Pitt, Matt Damon and Meryl Streep. The particularity of Lindberg is its choice not to affix any logo on the outside of the frame.
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The Kering Group announced on Thursday the acquisition of the Danish luxury eyewear manufacturer, Lindberg. The agreement was signed with a view to Kering Eyewear acquiring 100% of Lindberg’s capital.
Lindberg, a family business founded in 1969 in Denmark by Poul-Jørn Lindberg and his wife, has become particularly popular in the luxury eyewear sector thanks to the founders’ son, Henrik Lindberg, and is now present all over the world. Their promise? “High-end optical frames with a unique design, ultra-light and customizable, with a specialization in titanium frames.” The company’s followers include heads of state such as François Hollande, Queen Elizabeth II, Queen Margrethe II of Denmark and celebrities such as Brad Pitt, Matt Damon and Meryl Streep. The particularity of Lindberg is its choice not to affix any logo on the outside of the frame.
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