MARCOLIN completes acquisition of subsidiary in México
Marcolin, a worldwide leading group in the eyewear industry, announces it has completed the acquisition of its own subsidiary in México. The Group has been present in the market for six years through a joint venture.
As part of its greater corporate strategy to enhance its presence in key markets, the Group acquired the remaining 49% of the shares of the joint venture.
Marcolin México, from its own subsidiary located in México City, will continue to closely support local stakeholders, while further improving and quickening responses to clients’ needs in a market with a strong growth potential. Marcolin’s global network consists of 15 worldwide branches, in Europe (Benelux, DACH, France, Italy, Nordics, Spain, UK), Russia, the Americas (US, Brazil, México), Asia (Hong Kong, Shanghai, Singapore) and Australia (Sydney), 1 joint venture (UAE) and distributes its products in more than 125 countries.