M&A Deal Summary

Kering Eyewear Acquires Maui Jim

On March 14, 2022, Kering Eyewear acquired consumer products company Maui Jim

Acquisition Highlights
  • This is Kering Eyewear’s 2nd transaction in the Consumer Products sector.
  • This is Kering Eyewear’s 1st transaction in the United States.
  • This is Kering Eyewear’s 1st transaction in Illinois.

M&A Deal Summary

Date 2022-03-14
Target Maui Jim
Sector Consumer Products
Buyer(s) Kering Eyewear
Deal Type Add-on Acquisition

Target

Maui Jim

Peoria, Illinois, United States
Maui Jim is an American producer of sunglasses. All Maui Jim sunglasses block 100 percent of harmful UV rays and eliminate glare, while enhancing color, clarity, and detail. Maui Jim sunglasses have earned the Skin Cancer Foundation Seal of Recommendation as an effective UV filter for the eyes and surrounding skin. Maui Jim was formed in 1980 and has operations in Lahaina, Hawaii, and Peoria, Illinois.

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Buyer(S) 1

Buyer

Kering Eyewear

Padova, Italy

Category Company
Sector Consumer Products
DESCRIPTION

Kering Eyewear is a global Luxury group that develops an ensemble of luxury houses in fashion, leather goods, jewelry, and watches. Today, Kering Eyewear designs develop and distributes eyewear for a complete and well-balanced portfolio of 15 brands: Gucci, Cartier, Saint Laurent, Bottega Veneta, Balenciaga, Chloé, Alexander McQueen, Montblanc, Brioni, Dunhill, Boucheron, Pomellato, Alaïa, McQ, and Puma. Kering Eyewear is based in Padova, Italy.


DEAL STATS #
Overall 2 of 2
Sector: Consumer Products M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-08 Lindberg

Åbyhøj, Denmark

Lindberg is a manufacturer of design-oriented, lightweight, and customizable optical frames with a specialization in titanium. Lindberg was founded in 1969 and is based in Åbyhøj, Denmark.

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