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Sàfilo acquiert 61,34 % de Privé Revaux

Le Groupe Sàfilo a annoncé l’acquisition de 61,34 % des titres de capitaux propres de la société de Miami Prive Goods (« Privé Revaux ») à la signature et à la conclusion de la transaction.

David Schottenstein, le fondateur et président-directeur général (PDG) de la société, demeure propriétaire d’environ 15,5 % des titres de capitaux propres, tandis que le reste est détenu par les célébrités Jamie Foxx, Hailee Steinfeld et Ashley Benson, la haute direction de la société et certains autres investisseurs. Le fonds d’action privé TSG Consumer Partners et ses affiliées ont vendu tous leurs intérêts dans Privé Revaux au Groupe Sàfilo et à d’autres détenteurs d’actions de la société.

Privé Revaux est née en 2017 d’une passion commune pour le style et la qualité afin de perturber l’industrie des lunettes et de fabriquer des montures de haute qualité à la portée de tous. La société a élargi sa gamme de montures de qualité abordables au-delà des lunettes solaires habituelles pour offrir des lunettes qui bloquent la lumière bleue et atténuent la fatigue oculaire. Depuis sa fondation, Privé Revaux a entretenu des relations étroites avec des vedettes, qui portent ses produits et vantent leurs mérites.

En 2019, la société a enregistré des ventes nettes d’environ 20 millions de dollars américains, une hausse d’à peu près 90 % par rapport à l’année précédente, et planifie de continuer à progresser fortement en 2020. Cette participation majeure de 61,34 % vaut 67,5 millions de dollars américains.

David Schottenstein demeurera PDG de Privé Revaux, laquelle continuera à être exploitée à partir de son siège social de Miami.

Cliquez ICI pour lire le communiqué de presse complet (en anglais).

Essilor s’associe à l’ONU pour améliorer la sécurité routière dans le monde

Essilor a annoncé son engagement à faire un don d’un million de lunettes de vue et de lunettes de soleil au Fond des Nations Unies pour la sécurité routière (UNSRF). Ce partenariat vise à promouvoir un plan d’action mondial en faveur de la bonne vision sur la route. L’annonce intervient avant la 3ème Conférence ministérielle mondiale, prévue à Stockholm les 19 et 20 février prochains, qui fixera le programme pour atteindre les objectifs de l’ONU à l’horizon 2030 en matière de sécurité routière.

Chaque jour, 3700 personnes dans le monde perdent la vie dans des accidents de la route. Ils sont devenus aujourd’hui la première cause de décès chez les enfants et jeunes adultes âgés de 5 à 29 ans. La prévention des décès et accidents traumatiques liés à la route est essentielle pour atteindre les objectifs de développement durable des Nations Unies (ODD) en matière de santé, de villes et d’infrastructures, dans lesquels la sécurité routière joue un rôle important.

Jusqu’à 90 % de l’information nécessaire sur la route passe par la vue. Une bonne vision est donc essentielle pour que les conducteurs, les motards, les cyclistes et les piétons prennent des décisions sûres et appropriées sur la route. Et pourtant, une personne sur trois souffre encore d’une mauvaise vision non corrigée. Un problème souvent dû à un manque de sensibilisation ou un accès limité aux soins visuels dans de nombreuses parties du monde.

En s’associant à l’UNRSF, Essilor mettra à profit son expertise en matière de santé visuelle pour contribuer à une mobilité plus sûre dans le monde entier. Outre le don d’un million de lunettes de vue et de lunettes de soleil d’ici 2030, le groupe continuera d’innover pour apporter les solutions permettant de diagnostiquer, corriger, protéger et améliorer la vision de tous les usagers de la route.

La décision d’Essilor de rejoindre le UNRSF est une étape majeure dans l’engagement de l’entreprise pour une mobilité sûre, après la signature en 2017 du partenariat avec la Fédération Internationale de l’Automobile (FIA) pour mener ensemble la lutte contre la mauvaise vision sur la route.

Cliquez ICI pour lire le communiqué de presse complet.

Essilor Joins Forces with United Nations in Global Efforts for Road Safety

Essilor announced it pledges a first of its kind donation of 1 million glasses and sunglasses to the United Nations Road Safety Fund (UNSRF), as they partner to promote global action on good vision for road users. The announcement comes ahead of the 3rd Global Ministerial Conference (February 19-20) in Stockholm, to set the agenda for achieving the UN 2030 goals for road safety.

Every day 3,700 people die on the world’s roads, making road accidents the leading cause of death among children and young adults aged 5–29. Preventing traffic-related injuries and fatalities is crucial to reaching the Sustainable Development Goals (SDGs) on health, cities and infrastructure, where road safety plays an important role.

With up to 90% of the information needed on the road coming through our eyes, good vision is critical for drivers, bikers, cyclists and pedestrians to take safe and appropriate decisions. However, there is a substantial lack of awareness about the importance of good vision, and access to sustainable eye care remains limited in large parts of the world, with 1 in 3 people still suffering from uncorrected poor vision.

By partnering with the UNRSF, Essilor will leverage its track-record in vision care to contribute to safe mobility across the globe. In addition to the donation of 1 million glasses and sunglasses between now and 2030, a landmark year for the SDGs, the Group will continue to innovate for solutions to diagnose, correct, protect and enhance the vision of all road users.

This latest decision by Essilor to join the UNRSF further reinforces the Company’s commitment towards road safety, which goes back to Essilor’s partnership with the Fédération Internationale de l’Automobile (FIA), signed in 2017, to jointly lead the fight against poor vision on the road.

Click HERE for the full press release.

Safilo Acquires 61.34% of Privé Revaux

Safilo Group announces the acquisition of a 61.34% equity interest in the Miami-based company Prive Goods (“Privé Revaux”) through a simultaneous signing and closing.

David Schottenstein, the Company’s founding entrepreneur and CEO, retains ownership of approximately 15.5% of the equity, while the remainder is held by celebrities Jamie Foxx, Hailee Steinfeld and Ashley Benson, senior management of the Company, and certain other investors. Private equity fund TSG Consumer Partners and its affiliates sold their entire stake in Privé Revaux to Safilo Group and other equity holders of the Company.

Founded in 2017, Privé Revaux was built on a shared passion for style and quality with the goal of

disrupting the eyewear industry and making premium, quality eyewear products accessible to everyone. Privé Revaux has extended its assortment of affordable and quality frames beyond traditional sunglasses into blue light blocking glasses to combat digital eye strain. Since inception, Privé Revaux has carefully curated relationships with celebrities who wear and endorse its products.

In 2019 the Company recorded net sales of approximately USD 20 million, up around 90% compared to the previous year, and plans to continue strongly growing them in 2020. The overall consideration for the 61.34% controlling interest in the Company is USD 67.5 million.

David Schottenstein will remain CEO of Privé Revaux which will continue to run out of its Miami headquarters.

Click HERE for the full press release.

Update on Proposed Acquisition of GrandVision by EssilorLuxottica

EssilorLuxottica and GrandVision N.V. confirm that the European Commission has initiated a Phase II review of the proposed acquisition of GrandVision by EssilorLuxottica.

The parties are confident that Phase II will be completed in a timely manner and will closely cooperate with the European Commission to fully demonstrate the rationale of the proposed acquisition and the benefits that it will bring to customers, consumers and all the eyewear industry players.

The companies reaffirm the shared objective to close the transaction within 12 to 24 months from the announcement date, July 31, 2019, in cooperation with the relevant authorities. The transaction has been unconditionally cleared so far in the United States, Russia and Colombia, and it is currently under review also in Brazil, Chile, Mexico and Turkey.

Source: EssilorLuxottica

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