THÉLIOS’ Acquisition of METALLART
Biasotto & Partners has advised Thélios on its acquisition of Metallart, a high-profile company in the eyewear industry that specialises in artisanal metalworking. MDA - Law Firm and Tax Office also advised the buyer.
Metallart was founded in 1976 and is based in Cima Gogna near the Thélios Manifattura in Longarone. Its expertise inmetalworking techniques such as cutting and minting have made it a point of reference for major eyewear companies.
Thélios is a Belluno-based LVMH subsidiary focused on eyewear. By acquiring Metallart, Thélios will be able to make use of its staff’s expertise to meet the needs of the LVMH Group, which has been relying
upon the company in the design, development and global distribution of its eyewear products. Thélios
made over 300 new hires last year and over 250 in Longarone since the beginning of 2022 to meet this demand.