Kering buys stakes in Italian eyewear manufacturers Visard, Mistral

, Reuters -  3:41 AM ET 4/3/2025 Company News

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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)

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