Yesterday Italian eyewear manufacturer Marcolin announced that investment company PAI Partners will acquire 78,4% of the shares from major stakeholders such as the Marcolin family, the Della Valle brothers and Antonio Abete. After this acquisition has been approved by the authorities PAI Partners will launch a take-over offer for all other outstanding shares. The expectation is that the complete transaction can be finalized by the end of November. PAI Partners already owns some major retailers including Dutch company Hunkemöller.
