A new takeover for De Rigo Vision, a leading maker and distributor of quality eyewear.
The company announces that it has signed an agreement to purchase complete ownership of REM Eyewear of Los Angeles, one of the biggest eyewear distributors in the American market.
The operation, part of De Rigo Vision’s strategic plan for further international expansion, aims to reinforce the Group’s distribution platform on the American market. The consolidation of the American sales structure into a single organization under the new name De Rigo REM will permit the creation of a vast sales network qualified to take advantage of opportunities for growth on the American market for the varied portfolio of De Rigo brands sold through the distribution channel of American opticians.
The takeover also adds prestigious American brands such as Converse, John Varvatos, Lucky Brand, Jones New York and Jonathan Adler to the Group’s portfolio.
“I’m proud to announce this agreement with REM, with whom we share the attitude of a family-run business: one of the keys to our companies’ success. The union of the enterprising spirit of Mike Hundert and Donna Gindy’s company with our group will strengthen De Rigo Vision’s global distribution system,” says De Rigo Group founder and Chairman Ennio De Rigo.
Commenting on the takeover, now ninety-year-old Chairman Gerry Hundert says: “The alliance between REM and De Rigo Vision crowns 45 years of hard work, guaranteeing the future of our company and the professional development of our employees in the cultural context of a family-run company that has always characterized our way of doing things.” “This alliance”, adds Mike Hundert, “will allow REM to boost its presence on the American market thanks to De Rigo Vision’s vast brand portfolio.”
Hundert and Gindy, along with the company’s present leadership, including President Steve Horowitz and Vice President Keith Kamalich will continue to lead this new company, De Rigo REM.