Eyewear leader Visottica Group acquires Ideal
April 28, 2023
Visottica Group, a producer of eyewear components headquartered in Susegano, Italy, has acquired Ideal SrL, a company active in the engineering and production of small metal parts for the eyewear sector based in Quero, Italy, from parent company TechVision.
“The acquisition of a historical and strategic company for the eyewear district such as Ideal is in line with the development plan we have been resolutely pursuing in recent years,” stated Rinaldo Montalban, Visottica Group President. “Thanks to the technical expertise, along with the considerable size of the Quero production site, we have the opportunity to better answer a constantly growing market demand. Ideal possesses highly specialised know-how enabling us to create virtuous synergies between the various companies that are part of the Visottica Group, also facilitated by the geographic proximity between the various production sites.”
“This translates into more services for our customers and partners in the eyewear sector, one we have historically presided over, but also in the greater ability to move in other directions and explore new horizons by expanding our business areas,” Montalban continued. “We continue the path of growth, with the aim of consolidating and expanding our industrial hub established on high-precision technologies, capable of satisfying the widest range of our customers’ needs”.
The addition of Ideal is part of a strategy that has enabled Visottica expand its offering and consolidate its global leadership, while maintaining a strong production presence in Italy. The group acquired 50% of Eurodecori, a company in Belluno specialising in the production and processing of Zamak (zinc alloy) parts, in 2021, and completed the acquisition of the majority of the capital of Ookii – a company focused on in precision micromechanics also located in the Belluno eyewear district. Ookii holds 100% of the capital of Matrix, a leading company in the production of MIM and microfusion components. Visottica also acquired a majority stake in the Treviso-based company Ethos, which specialises in galvanising at the end of 2022.
With the acquisition of Ideal, the number of production plants of the Visottica Group increases to six in Italy, all located in the eyewear district of Treviso-Belluno, plus a plant in China for production for the Asian market.
Interested in learning more about Visottica’s use of Metal Injection Moulding, and how the process became an industry standard? We did a deep dive into the subject in the Spring 2023 edition of PIM International:
‘Visottica Group: Integrated workflows and the value of Metal Injection Moulding in eyewear and beyond’, reported by Luca van der Heide, is available to read here, for free and in full.
Download PIM International magazine
