EssilorLuxottica Completes Acquisition of Espansione Group
Deal News | Feb 04, 2025 | Legal Community Italy
EssilorLuxottica, a prominent eyewear company, completed the acquisition of Espansione Group, an Italian firm specializing in the design and manufacturing of medical devices for eye disease diagnosis and treatment. While the agreement was initially concluded in December, the legal assistance comprised multiple entities. Gatti Pavesi Bianchi Ludovici supported EssilorLuxottica with legal and regulatory guidance, while Legance supported the corporate structure and management team of Espansione Group. The selling shareholder, Rodolfo Pomar, and Evoluzione srl were advised by Blf studio legale, with financial advisory from Analisi and tax advisory from Massimiliano Gottardi.
Sectors
- Medical Devices
- Optical Industry
- Legal Services
Geography
- Italy – The acquisition of Espansione Group by EssilorLuxottica involves companies and legal entities primarily based in Italy.
Industry
- Medical Devices – The acquisition involves Espansione Group, which specializes in medical devices for eye disease diagnosis and treatment, making this sector highly relevant.
- Optical Industry – EssilorLuxottica operates within the optical industry, focusing on eyewear products, aligning with Espansione Group's specialization.
- Legal Services – The article details significant involvement by legal advisors, illustrating the importance of legal services in M&A transactions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| EssilorLuxottica | Bidding Company/Buyer | Company | A leading provider in the design and production of eyewear. |
| Espansione Group | Target Company | Company | An Italian company specialized in the design and production of medical devices for eye disease diagnosis and treatment. |
| Gatti Pavesi Bianchi Ludovici | Legal Advisor | Company | Provided legal assistance to EssilorLuxottica. |
| Legance | Legal Advisor | Company | Assisted the corporate structure and management of Espansione Group. |
| Blf studio legale | Legal Advisor | Company | Advised the selling shareholder and Evoluzione srl. |
| Massimiliano Gottardi | Tax Advisor | Company | Acted as tax advisor in the transaction. |
| Analisi | Financial Advisor | Company | Provided financial advisory services for the transaction. |
| Rodolfo Pomar | Selling Shareholder | Person | Founder of Espansione Group and associated with Evoluzione srl. |
| Evoluzione srl | Vendor | Company | Involved in the sale of Espansione Group. |