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VIVA Acquistion: Complete

Marcolin SpA, through its affiliate Marcolin USA, and HVHC Inc., announced today that it has finalized the acquisition of VIVA International.

Marcolin will bring its historical handcrafted expertise, focused management and strong financial background to VIVA's current strong business, company represenatives note. This acquisition establishes the ideal conditions for  bringing a relevant and value added product offering with a worldwide distribution network to the market.

Giovanni Zoppas, CEO of Marcolin, said: “We are very pleased to announce the closing of the acquisition of VIVA International. The complementing of the brand portfolios, the balance between male/female, optical/sun segments and geographical end market areas are strategic key factors brought to the acquisition. The combination of Marcolin and VIVA creates a leader of primary
importance in the global eyewear industry”.