VSP Vision Completes Marcolin Acquisition
"The acquisition of Marcolin marks another important milestone in our 70-year history of providing VSP members, clients, network doctors, owned retail locations and key customers with more value and choice," said VSP Vision President and CEO
Both Marcolin and Marchon will continue to operate as they do today.
Marcolin's portfolio of luxury and lifestyle brands include
CapM Advisors acted as the exclusive financial advisor, and Latham & Watkins acted as the legal advisor to the shareholders of Marcolin. Kirkland & Ellis LLP and Chiomenti acted as legal advisors to VSP.
About VSP Vision
At VSP Vision™, our purpose is to empower human potential through sight. As the first national not-for-profit vision benefits company, this is what drives everything we do. For 70 years, VSP® has been a leader in health-focused vision care. Every day, the people that power our complementary businesses across vision benefits, eye care services, eyewear solutions, and practice solutions, work together to create a world where everyone can bring their best vision to life. That means providing affordable access to eye care and eyewear for millions of members through a network of more than 42,000 doctors. It also means expanding access to vision care to those disadvantaged by income, distance, or disaster through VSP Vision Eyes of Hope®. To date, more than 4.3 million people in need have received access to no-cost eye care and eyewear through one of our Eyes of Hope programs. Learn more about how we're reinvesting in greater vision, health, and opportunities for all at vspvision.com.
About Marcolin
Marcolin is among the global leading groups in eyewear founded in 1961 in the heart of the
Media Contact
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SOURCE VSP Vision
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