Luxottica acquires Salmoiraghi & Viganò
Luxottica - the Italian eyewear group acquired a 36% stake in the optician chain in November 2012 and now has purchased 63,2% of Salmoiraghi & Viganò.
Salmoiraghi & Viganò was created in 1974 through the merger of the long-standing retail chains founded respectively by Angelo Salmoiraghi and Angelo Viganò, and since 2002 has been owned by entrepreneur Dino Tabacchi. The chain is present throughout Italy with 450 stores and generates a revenue of €190 million.
By taking full control of the main eyewear retailer in Italy, Luxottica now has further boosted its position in Europe.