Following the completion of the applicable consultation process and the relevant approvals, Safilo Group announces that it has signed a Share and Asset Purchase Agreement (“SAPA”) with Bollé Brands for the acquisition of SPY+ and Serengeti.
The transaction follows the exclusivity agreement announced on April 21, 2026 and represents a further step in Safilo’s strategy focused on the selective acquisition of brands capable of strengthening the Group’s positioning in attractive and high-growth segments.
Strategic Acquisition Strengthens Safilo’s Portfolio in High-Growth Eyewear Segments
The binding agreement covers the combined acquisition of selected SPY+ and Serengeti assets in Europe and 100% of the shares of two dedicated legal entities operating in the United States and Canada.
Together, SPY+ and Serengeti generated sales of approximately USD 39 million in 2025. The agreed consideration for the transaction is USD 26 million, subject to customary closing adjustments. Safilo will finance the acquisition through available financial resources.
Closing of the transaction is expected to occur within 2 months from the signing of the SAPA, subject to customary closing conditions.
