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July 8, 2021

Aponte family expands its Mediterranean Shipping Company to rival Maersk, EssilorLuxottica proceeds with $8.7 billion stake in GrandVision after tribunal, Albert music publishing dynasty ventures into impact investing.

Aponte family expands its Mediterranean Shipping Company to rival Maersk

The Aponte family’s Mediterranean Shipping Company has re-energised its efforts to become the world’s largest container line by attempting to overtake rival family-controlled conglomerate AP Moller-Maersk.

January 16, 2017

Family-owned eyewear group Luxottica and French rival Essilor have agreed to a €46 billion ($49 billion) merger that will create a leader in the eyewear industry with revenues of more than €15 billion.

Family-owned eyewear group Luxottica and French rival Essilor have agreed to a €46 billion ($49 billion) merger that will create a leader in the eyewear industry with revenues of more than €15 billion.

The merger, one of the largest tie ups in European history, combines Luxottica, known for brands such as Ray Ban and Persol, and Essilor, a French company leading the charge in ophthalmic lenses.

December 1, 2011

Luxottica, the world's largest eyewear group which is 70% controlled by the Del Vecchio family, said it has signed an agreement to acquire Grupo Tecnol, as the Italian family business continues to expand in Latin America.

Luxottica, the world's largest eyewear group which is 70% controlled by the Del Vecchio family, said it has signed an agreement to acquire Grupo Tecnol, as the Italian family business continues to expand in Latin America.

Luxottica, which owns sunglass brands including Ray-Ban and Oakley and makes frames for Chanel, Prada, Burberry and Tiffany’s, said the value of the deal is about €110 million.

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