M&A Deal Summary

Modo Acquires Icu Eyewear

On August 13, 2024, Modo acquired consumer products company Icu Eyewear from 1847 Holdings

Acquisition Highlights
  • This is Modo’s 1st transaction in the Consumer Products sector.
  • This is Modo’s 1st transaction in the United States.
  • This is Modo’s 1st transaction in California.

M&A Deal Summary

Date 2024-08-13
Target Icu Eyewear
Sector Consumer Products
Buyer(s) Modo
Sellers(s) 1847 Holdings
Deal Type Divestiture

Target

Icu Eyewear

Hollister, California, United States
Icu Eyewear is a designer and marketer of reading glasses, sunglasses and specialty eyewear. Icu Eyewear was founded in 1997 and is based in Hollister, California.

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Buyer(S) 1

Buyer

Modo

Milan, Italy

Category Company
Founded 1990
Sector Consumer Products
DESCRIPTION

Modo designs, manufactures, and distributes a successful portfolio of house, designer, and contemporary lifestyle brands. Modo was founded in 1990 and is based in Milan, Italy.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1

Seller(S) 1

SELLER

1847 Holdings

New York, New York, United States

Category Company
Founded 2013
Sector Diversified
DESCRIPTION

1847 Holdings is an acquisition holding company focused on acquiring and managing a group of small businesses. 1847 Holdings is based in New York, New York.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-08 Icu Eyewear

Hollister, California, United States

Icu Eyewear is a designer and marketer of reading glasses, sunglasses and specialty eyewear. Icu Eyewear was founded in 1997 and is based in Hollister, California.

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