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Founded Year



Corporate Majority - P2P | IPO

About Fedon Group

Fedon Group designs and manufactures eyewear and related accessories. It was founded in 1919 and is based in Alpago, Italy.

Fedon Group Headquarter Location

Via dell’Industria, 5/9

Alpago, 32016,



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Latest Fedon Group News

Luxottica Group Agrees to Purchase 90.9% of Giorgio Fedon & Figli for $32 Million

Apr 13, 2022

Luxottica Group Agrees to Purchase 90.9% of Giorgio Fedon & Figli for $32 Million Allows EssilorLuxottica to enter the packaging and eyeglass cases industry. Image courtesy of EssilorLuxottica. Charles Sternberg, Associate Editor04.13.22 Luxottica Group S.p.A., a company subject to the management and coordination of EssilorLuxottica S.A. , has entered into a preliminary sale and purchase agreement for the acquisition of a total of no. 1,727,141 shares of the company Giorgio Fedon & Figli S.p.A. , listed on Euronext Growth Milan, representing 90.9% of the share capital of the company. Vertical Integration Strategy The transaction represents a step forward in EssilorLuxottica's vertical integration strategy, aimed at achieving the highest quality standards along the entire value chain and optimizing the service for the benefit of all industry players. Thanks to cutting-edge technologies and dedicated innovations, the acquisition will allow Luxottica Group to better fit eyewear and spectacles with cases and packaging to ensure maximum protection and integrity of products for the benefit of the final consumer. Furthermore, EssilorLuxottica will also leverage on the company to pursue its sustainability strategy, investing in the recyclability and circularity of the packaging materials produced by the company. Terms of the Agreement The purchase price agreed and to be paid on the Closing date to the Sellers, in proportion to the respective shareholdings, is equal to Euro 17.03 ($18.45) for each share and therefore to an aggregate of Euro 29.4 million ($31.9 million). The agreed price includes a premium of 135% over the last official price of the company's shares recorded on April 8, 2022 (last trading day preceding the date of entry into the Agreement) as well as a premium of 114% over the weighted average of the official price of the Issuer's shares in the 12 months preceding the date of April 8, 2022. It is expected that the Conditions Precedent may be fulfilled and the closing may take place by the end of June 2022. In the event of completion of the transaction, Luxottica will hold a shareholding equal to 90.9% of the Issuer's share capital and will be required to launch, pursuant to Article 9 of the bylaws of the company and of art. 6-bis of the Euronext Growth Issuers' Regulation, a mandatory tender offer on all outstanding shares of the Company (MTO), at the same price of Euro 17.03 per share.

  • When was Fedon Group founded?

    Fedon Group was founded in 1919.

  • Where is Fedon Group's headquarters?

    Fedon Group's headquarters is located at Via dell’Industria, 5/9, Alpago.

  • What is Fedon Group's latest funding round?

    Fedon Group's latest funding round is Corporate Majority - P2P.

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