Kering Eyewear has signed an agreement to acquire 100% of the share capital of Danish luxury eyewear brand Lindberg.
Lindberg is a high-end manufacturer of design-oriented, lightweight, and customisable optical frames with a specialisation in titanium. The company’s reputation has been built on its made-to-order capabilities, offering customers the possibility to create their own bespoke pair of Lindberg glasses.
According to Kering, the acquisition is an important milestone in the successful expansion of Kering Eyewear and perfectly fits with its development strategy.
The company also says the acquisition will further reinforce Kering Eyewear as the most relevant player in the luxury eyewear market segment, adding a complementary and proprietary brand to its portfolio.
Roberto Vedovotto, President and CEO of Kering Eyewear said: “We are thrilled to welcome Lindberg into the Kering Eyewear family. I have the highest respect and admiration for what Henrik Lindberg and his family have built over the past 35 years.
“Lindberg is the absolute luxury eyewear and it will come as a perfect complement to the brand portfolio that Kering Eyewear has been assembling since 2014, making it even more relevant to our specialised distribution network. We look forward to working with the Lindberg teams to further increase their brand awareness and amplify their international reach.”
Henrik Lindberg, Founder and CEO of Lindberg added: “Thirty five years ago we started our company in two small back rooms behind our family optical store. With nothing more than the idea of bringing unseen comfortability and quality to the eyewear business.
“Thanks to a team of dedicated employees, we can now —in Roberto Vedovotto’s own words— call ourselves makers of ‘absolute luxury eyewear’. Kering and Lindberg share a common philosophy that design is ultimately about taking eyewear to an even higher level.
“That is why the Lindberg family are extremely happy to be able to pass the torch on to Kering Eyewear. Under Roberto Vedovotto’s leadership and backed by the impressive values and high standards of the Kering Group, I am convinced that the Lindberg brand will be taken to new heights and the key values and the unique DNA kept.”