Friday, October 25, 2013

Marcolin to Buy Highmark's Viva Optique

"Highmark Inc.'s vision subsidiary is selling its wholesale eyewear unit, Viva Optique, to Marcolin SpA, an international eyewear designer based in Italy, the companies announced," writes the Pittsburgh Post-Gazette. "Highmark's vision unit, HVHC Inc., has agreed to a stock purchase agreement with Marcolin and its majority owner, European private equity firm PAI Partners, which bought a 78 percent stake in Marcolin a year ago." Read more.

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