Finance

Kering buys stakes in Italian eyewear manufacturers Visard, Mistral

Published by Global Banking & Finance Review

Posted on April 3, 2025

1 min read

· Last updated: January 24, 2026

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Kering buys stakes in Italian eyewear manufacturers Visard, Mistral
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Kering Acquires Stakes in Italian Eyewear Companies

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)

Key Takeaways

  • Kering acquires Visard's entire share capital.
  • Minority stake acquired in Mistral.
  • Full acquisition of Mistral possible by 2030.
  • Transaction expected in Q3 2025.
  • No financial details disclosed.

Frequently Asked Questions

What is the main topic?
The main topic is Kering's acquisition of stakes in Italian eyewear manufacturers Visard and Mistral.
What companies are involved?
The companies involved are Kering, Visard, and Mistral.
When is the transaction expected to complete?
The transaction is expected to complete in the third quarter of 2025.

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