American firm VSP Vision has completed the acquisition of global eyewear designer and manufacturer Marcolin from PAI Partners and other minority shareholders. VSP Vision (Vision Service Plan) is the biggest vision insurance company in the US and also offers eyewear, lenses and related health services through a doctor-governed non-profit network.
“The acquisition of Marcolin marks another important milestone in our 70-year history of providing VSP members, clients, network doctors, owned retail locations and key customers with more value and choice,” said VSP Vision president and CEO Michael Guyette.
“Marcolin’s portfolio of globally renowned brands, manufacturing expertise, and geographic presence greatly complement Marchon Eyewear’s brand portfolio and capabilities, further strengthening our ability to meet evolving customer needs throughout the world.”
VSP Vision said both Marcolin and Marchon would continue to operate as they do today.
Marcolin’s portfolio of luxury and lifestyle brands include Tom Ford, Zegna, Christian Louboutin, ic! berlin, Max Mara, Guess, and many more.
Founded in Northern Italy in 1961, Marcolin distributes its eyewear collections in more than 125 countries, including Australia.
