(Finance) – I top managers Of Marcolina company among the world leaders in the eyewear sector, have started meeting potential suitors as they prepare for the possible merger or sale of the eyewear company by renewing a series of major licensing agreements. Reuters wrote, citing sources close to the situation.
The indiscretion comes later intense weeks on the commercial front. Today Marcolin announced the early renewal of the agreement with Max&Co until 2030, while it had recently renewed the agreements with the brands Zegna, GCDS and Pucci. Last year it secured a perpetual licensing agreement with US brand Tom Ford, while it recently signed a new contract with Christian Louboutin.
The renewals aim to facilitate the sales process initiated by Marcolin’s owner fund, PAI Partnerswho gave mandate to Goldman Sachs. Last October Bloomberg wrote that PAI Partners – which holds 78.5% – was studying the sale of the majority stake, valuing the company at around 1.35 billion euros.