Safilo acquires 100 per cent ownership of Lenti, expands lens capability and technology

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Safilo has acquired 100% ownership of lens manufacturer Lenti. (Safilo photo)

Safilo Group has completed the 100 per cent acquisition of sun lens manufacturer Lenti S.r.l.

The fully integrated Italian eyewear creator, manufacturer and worldwide distributor of quality and trust, Safilo announced Sept. 29, 2016 it had purchased a further 24.4% interest in Lenti S.r.l., a manufacturer based in Bergamo, of which it was already a 75.6% owner.

The company said the acquisition further reinforces Safilo’s stronghold in lens manufacturing, where the group said it plays an innovator role due to Polaroid, the inventor of the original polarized lenses, and the Smith Chroma Pop technology.

With Lenti, Safilo is in a position to use uniquely advanced processes and technology for the development and production of the state-of-the-art decorated lenses that are currently setting the trend for the most sought after fashion-luxury brands around the world.
Lenti was founded in 1995 through the collaboration of several optical production specialists, led by Mr. Marco Negri and Safilo.

“Sun lenses are the new frontier “Beyond The Frame”,” said Luisa Delgado, Chief Executive Officer of Safilo Group. “They are an integral part and a unique differentiator for our most precious Eyewear designs. With Lenti, we confirm our strategic commitment to sun lens
innovation, research and development to exclusively creative lens designs with unique craftsmanship.”

Delgado said they group is excited about the industry leading research of our Lenti R&D team, and happy to count on Negri’s continued expertise and contribution for this journey.

Today, Lenti designs, develops and manufactures lenses end-to-end, counting on the
most advanced Research & Development and Manufacturing capabilities that are leading the Eyewear industry and Fashion tendencies with unique graphic design lenses.

“With this investment, we add another brick to the 2020 Global Supply Network Reinvention,” said Delgado. “As is happening at our other manufacturing sites, we are investing also here in people, tools, machinery and processes, to increase innovation, quality, capacity and to reduce time to market. It is our aim to serve more of our brands with our most cutting-edge, high design and decorative lenses.”

For more information visit www.lentisrl.com or www.safilogroup.com

About Safilo Group
Safilo Group is the fully integrated Italian eyewear creator and worldwide distributor of quality and trust, leader in the premium sector for sunglasses, optical frames and sports eyewear. Design inspired and brand driven, Safilo translates extraordinary design into excellent products created thanks to a superior craftsmanship expertise dating back to 1878. With an extensive wholly owned global distribution network in 39 countries – in North and Latin America, Europe, Middle East and Africa, and Asia Pacific and China – Safilo is committed to quality distribution of its products all around the world. Safilo’s portfolio encompasses Carrera, Polaroid, Smith, Safilo, Oxydo, Dior, Dior Homme, Fendi, Gucci, Banana Republic, Bobbi Brown, BOSS, BOSS Orange, Céline, Elie Saab, Fossil, Givenchy, havaianas, Jack Spade, Jimmy Choo, Juicy Couture, Kate Spade, Liz Claiborne, Marc Jacobs, Max Mara, Max&Co., Pierre Cardin, Saks Fifth Avenue, Swatch, and Tommy Hilfiger

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