Kering Eyewear has announced that it has signed an agreement to acquire 100 percent of the share capital of the French company Usinage & Nouvelles Technologies (UNT) as it looks to cement its position in the luxury eyewear industry.
UNT manufactures high-precision metal and mechanical components for the entire luxury eyewear sector at its 3,000-square-metre facility in the Upper-Jura region of France.
The acquisition builds on similar moves by Kering to establish dominance in the eyewear sector, including the takeover of Manufacture Kering Eyewear in 2017 – previously Manufacture Cartier Lunettes – and its stake in Trent Industria Occhiali that it snapped up in 2019.
UNT has already been a longstanding business partner of Manufacture Kering Eyewear for the provision of its components.
