Luxottica Group takes over Salmoiraghi & Viganò

Pursuant to the terms of the agreement signed in 2012 with Fenix Srl, formerly Salmoiraghi & Viganò Holding, Luxottica Group has exercised the option to acquire the remaining 63.2% of the shares in Salmoiraghi & Viganò. The closing is expected by the first quarter of 2017. Luxottica purchased a 36% stake in Salmoiraghi in November 2012, and this latest acquisition gives it full control of the chain. Salmoiraghi has more than 400 stores in Italy (under the names Salmoiraghi & Viganò and Vista Sì), with around 1,800 employees and a turnover (to September 2015) of 190 million Euro.