US company Vsp Vision has completed the acquisition of Italian eyewear maker Marcolin from Pai Partners and other minority shareholders. The transaction was already announced in September been.
“The acquisition of Marcolin is another important milestone in our 70-year history. We are committed to providing increasingly greater value and offering to our members, customers, Vsp network physicians, our own retail outlets and our key partners,” said Michael Guyette, president and CEO of Vsp Vision, in a statement.
Marcolin and Marchon will continue to operate as before
“Marcolin’s global brand portfolio, as well as its outstanding production and geographical presence, perfectly complement Marchon Eyewear’s brands and expertise. This further strengthens our ability to meet the evolving needs of customers worldwide,” said Guyette.
Marcolin and Marchon will continue their business activities as before, management explains in the statement. Marcolin’s brand portfolio includes, among others, Tom Ford, Zegna, Christian Louboutin, Ic! Berlin, Max Mara and Guess. The company was founded in Northern Italy in 1961 and sells its products in over 125 countries.
In the first nine months of 2025, the Marcolin Group’s sales rose by 2.1 percent (currency-adjusted +3.8 percent) to 416.6 million euros. Earnings before interest, taxes, depreciation and amortization (EBITDA) adjusted for special effects also improved. It reached 68.5 million euros, which corresponds to a margin of 16.4 percent.
The most important sales regions continued to be EMEA (218.6 million euros, +7.6 percent) and America (142.7 million euros, -5.5 percent, -1.5 percent adjusted for currency effects). The Asian market, which holds high potential for the group, fully recovered in the third quarter of 2025. Previously, there was a temporary slowdown in the first half of the year due to different timing in procurement from major distributors.
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