PARIS (Reuters) – Gucci owner Kering 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.
(Reporting by Gianluca Lo Nostro; Editing by Benoit Van Overstraeten)