PARIS—Kering Eyewear announced that it has completed the acquisition of UNT, Usinage & Nouvelles Technologies, in accordance with the terms announced on March 13, 2023, and after having received clearance from the relevant antitrust authorities. As reported in VMAIL, Kering first announced it would be acquiring UNT in March to strengthen its position in the luxury eyewear industry. Founded in 1989 in Morbier, Bourgogne-Franche-Comteì in Eastern France and currently located in the Upper-Jura region, UNT is a key player in the manufacturing of high-precision metal and mechanical components for the entire luxury eyewear sector.

Together with the acquisition of Manufacture Kering Eyewear in 2017 (previously Manufacture Cartier Lunettes) and the stake held in Trenti Industria Occhiali since 2019, respectively in France and in Italy, this transaction represents another important step in the industrial development strategy of Kering Eyewear, which controls its supply chain through strategic partnerships with industry-leading manufacturers. Kering Eyewear said this ensures an unparalleled level of quality and technical expertise. UNT has been a long-standing business partner of Manufacture Kering Eyewear for the provision of its components and Kering Eyewear.

In March, Roberto Vedovotto, president and CEO of Kering Eyewear, said, “We are pleased to welcome UNT into the Kering Eyewear family. I truly admire the outstanding job that UNT has carried out so far and we are excited to embark on this new journey with a trusted and deeply valued partner. 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, in addition to supporting and further elevating the Jura district.”