Italy's Safilo signs contracts to sell Longarone plant
29/09/2023 14:38
Sept 29 (Reuters) - Italian eyewear group Safilo
SFLG.MI said on Friday it had signed contracts to transfer its
Longarone plant to Thelios, a unit of luxury house LVMH
LVMH.PA and Innovatek.
Safilo, which makes eyewear for brands including Hugo Boss
and Tommy Hilfiger, said it expects to complete the operation by
the end of October.
The Padua-based company earlier this month also signed a
deal for the redeployment of all the 458 workers to the two
companies that took over the plant.
(Reporting by Romolo Tosiani, editing by Gavin Jones)
((Romolo.Tosiani@tr.com;))