Frankfurt—Global law firm Dentons has advised PREMIUM Equity Partners on the sale of eyewear manufacturer ic! berlin. The buyer is Marcolin, a leading international group in the eyewear industry headquartered in Longarone, Italy.
The acquisition is part of Marcolin’s strategy to expand its luxury portfolio while strengthening its market position in key regions such as Asia and Europe. As part of the takeover, Marcolin will integrate the approximately 140 employees at ic! berlin’s headquarters and production facility as well as its two subsidiaries in Japan and the US into its organization.
PREMIUM acquired ic! berlin in 2017 and supported the management team led by Jörg Reinhold and Jan Kohne in the global expansion of the company and the simultaneous optimization of productivity at the Berlin site. As a multi-award-winning company for the design of its creations—including the Silmo d’Or award—ic! berlin designs, manufactures and assembles luxury sunglasses and optical frames.
Partner Robert Bastian led the Dentons team, which also included counsel Tom Pagels, associate Celine Brunnett (Corporate/M&A) as well as partners Dr. René Grafunder (Competition) and Dr. Andreas Berberich (Tax). Dentons advises PREMIUM Equity Partners on an ongoing basis on transactions, including its investment in ic! Berlin in 2017.