March 15, 2023 — To strengthen its position in the luxury eyewear industry, Kering Eyewear has signed an agreement to acquire 100% of the share capital of Usinage & Nouvelles Technologies (UNT).
 
Founded in 1989, UNT is a French company that manufactures high-precision metal and mechanical components for the luxury eyewear sector.
 
Paired with the acquisition of Manufacture Kering Eyewear (previously Manufacture Cartier Lunettes) in 2017 and the stake held in Trenti Industria Occhiali since 2019, this transaction reflects another step in Kering Eyewear’s industrial development strategy.
 
“We are pleased to welcome UNT into the Kering Eyewear family,” says Roberto Vedovotto, president and CEO of Kering Eyewear. “Being a long-term, high-quality supplier of Manufacture Kering Eyewear, this new acquisition represents the opportunity to create an integrated luxury eyewear platform with best-in-class manufacturing capabilities, facilities, and talents.”
 
The transaction is expected to be completed in the second quarter of 2023.