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08/2008

MARCHON EYEWEAR acquired by VSP VISION

UNITED STATES Luxury Goods / Luxury Supply Chain EV 500M - 1.5b USD

Context

VSP Vision has acquired Marchon Eyewear through a combination of cash consideration and structured transaction terms. The acquisition gives VSP Vision control of a global eyewear platform specializing in the design, branding, and distribution of optical frames and sunglasses, supported by a strong portfolio of licensed brands and an extensive international commercial footprint. The deal reflects VSP Vision’s strategy to move further downstream into the eyewear value chain, complementing its core business in vision insurance and eye care services. Marchon operates as a standalone subsidiary within the VSP Vision group, with its existing management team and operational structure retained. The transaction enables strategic and commercial synergies across distribution networks, optical practitioner services, and retail-facing solutions. The deal also includes selected perimeter integrations and asset reorganizations across adjacent optical-related businesses, reinforcing operational alignment within the broader VSP Vision ecosystem.

MARCHON EYEWEAR, which reported an EBITDA margin of in 2007, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Retail & Consumer sector (10.9x).

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Target

Marchon Eyewear is a global eyewear company specializing in the design, development, and distribution of optical frames and sunglasses. The company operates primarily under a licensing model, producing and commercializing collections for leading international fashion, sports, and lifestyle brands. It relies on a global distribution network serving optical retailers, specialty chains, and international key accounts. Marchon also owns proprietary brands and maintains a global operational footprint across design, sourcing, and distribution activities, covering most of the eyewear value chain. It is currently a subsidiary of VSP Vision and serves as a key platform within its eyewear division.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2007
2006

Similar deals in Luxury Goods

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DateAcquirerTargetCountrySector
10/2016LVMHRIMOWAGERMANYFashion & Leather Goods
07/2016G-III APPAREL GROUPDONNA KARANUNITED STATESFashion & Leather Goods
04/2015CLESSIDRA SGR / L-GAMROBERTO CAVALLIITALYFashion & Leather Goods
02/2014BLACKSTONEVERSACEITALYFashion & Leather Goods
07/2013LVMHLORO PIANAITALYFashion & Leather Goods
07/2013KERINGPOMELLATOITALYWatches & Jewelry
10/2012PAI PARTNERSMARCOLINITALYLuxury Supply Chain
07/2012MAYHOOLAVALENTINOITALYFashion & Leather Goods
06/2011EURAZEOMONCLERITALYFashion & Leather Goods
03/2011LVMHBULGARIITALYWatches & Jewelry

REFERENCES

Valuation range: EV 500M - 1.5b USD

Revenue range: 450M - 900M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of MARCHON EYEWEAR by VSP VISION are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: marchon eyewear

Acquirer: vsp vision