Luxottica Group - M&A Summary and Business Overview

Consumer ProductsCompany

Luxottica Group M&A Summary

Luxottica Group has acquired 13 companies. A total of 1 acquisition came from private equity firms. It has also divested 1 asset.

Luxottica Group’s largest acquisition to date was in 2007, when it acquired Oakley for $2.1B. It’s largest disclosed sale occurred in 2006, when it sold Things Remembered to Gordon Brothers Finance for $200M. Luxottica Group has acquired in 3 different US states, and 8 countries. The Company’s most targeted sectors include consumer products (54%) and retail (47%).

Luxottica Group Business Overview

Where is Luxottica Group headquartered?

Luxottica Group is headquartered in Milan, Italy.

What is Luxottica Group’s revenue?

Luxottica Group disclosed revenue of 8,837M EUR for 2015 and 7,652M EUR for 2014.

How many employees does Luxottica Group have?

Luxottica Group has 79,000 employees.

What sector is Luxottica Group in?

Luxottica Group is a consumer products company.

When was Luxottica Group founded?

Luxottica Group was founded in 1961.

M&A Summary

  • M&A Total Activity14
    • M&A Buy Activity13
    • M&A Sell Activity1
  • Total Sectors Invested 2
  • Total Countries Invested 8
  • M&A Buy/Sell Connections 5
  • M&A Advisors 3

Luxottica Group S.p.A.

Piazzale Cadorna, 3,
Milan, 20123
Italy,
39 02 863341
www.luxottica.com

Luxottica is a global producer, distributor, and retailer of sun and prescription eyewear. Luxottica Group S.p.A. was formed in 1961 and is based in Milan, Italy.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 13 - - - - - 13
vol $5.3B $5.3B
Sell (0.0/yr) # 1 - - - - - 1
vol $200M $200M
  14

Most Recent M&A

Company Date Value Type
Fukui Megane Co. Ltd. 2018-03-06 - Stake Purchase
Sabae, Japan
Óticas Carol S.A. 2017-01-30 124M EUR Add-on Acquisition
Sorocaba, Brazil · www.oticascarol.com.br
Optical Carol SA 2017-01-30 124M EUR Add-on Acquisition
São Paulo, Brazil · www.oticascarol.com.br
Inveroptic S.A.U. 2014-05-16 - Add-on Acquisition
Barcelona, Spain
Alain Mikli International SA 2012-11-02 - Add-on Acquisition
Paris, France · www.mikli.com
Erroca International Ltd. 2011-07-08 23M EUR Add-on Acquisition
, Israel · www.erroca.co.il
Eyebiz Laboratories Pty Ltd. 2010-02-08 - Joint Venture
Sydney,, Australia
Oakley, Inc. 2007-06-21 2.1B USD Add-on Acquisition
Foothill Ranch, California · www.oakley.com
Things Remembered, Inc. 2006-09-29 200M USD Divestiture
Highland Heights, Ohio · www.thingsremembered.com
Cole National Corp. 2004-10-01 401M USD Add-on Acquisition
Mason, Ohio
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Oakley, Inc. 2007-06-21 Oakley - REVO Brand 2013-08-05 1
Foothill Ranch, California · www.oakley.com , United States

M&A by Sector

Sector Buy # Value Sell # Value
Consumer Products 7 (54%) 2.9B (54%) 1 (100%) 200M (100%)
Retail 6 (46%) 2.4B (46%) - -
Total 13 $5.3B 1 $200M

By Geo

State/Country Buy Value Sell Value
United States 5 5.0B 1 200M
  Ohio 3 2.3B 1 200M
  New Jersey 1 640M - -
  California 1 2.1B - -
Brazil 2 248M - -
Australia 1 - - -
France 1 - - -
Israel 1 23M - -
Italy 1 - - -
Japan 1 - - -
Spain 1 - - -
Domestic 1 (8%) - - -
Cross-border 12 (92%) 5.3B (100%) 1 (100%) 200M (100%)
Total 13 $5.3B 1 $200M

Top M&A Advisors

Financial Deals
Rothschild Global Advisory
1
Goldman Sachs
1
Legal Deals
Winston & Strawn
2

Deal Values

buy # Total
> $1B 2 $3.5B
$100M to $1B 5 $1.8B
< $100M 1 $23M
TOTAL $5.3B
Largest Oakley, Inc.
$2.1B (2007-06-21)
sell # Total
$100M to $1B 1 $200M
TOTAL $200M
Largest Things Remembered, Inc.
$200M (2006-09-29)

M&A Connections

Deals
Acquired from
Investor(s)
8%
1 (8%)
Strategic(s)
8%
1 (8%)
Divested to
Investor(s)
100%
1 (100%)

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Consumer Products Companies , Italy Companies