EssilorLuxottica

"Leonardo, with his 31%, can appoint the person he had in mind all along. Milleri is appointed CEO of EssilorLuxottica, with the vast majority's approval, much to the chagrin of the Paris grumblers. The hostility is overcome, helped also by the decision of the French government to enter the group's capital with a minority stake, through the Caisse des Dépôts et Consignations and Bpifrance."

"Luxottica by Del Vecchio & C., as read in the original document, starts with an initial capital of 1,500,000 liras and is established until December 31, 2000. The corporate purpose is "the industry and trade of eyewear, printing, and related activities." In 1961, Del Vecchio invests 500,000 lire for 33% of the company, the equivalent of about 6,000 euros today. Sixty years later, his share, 32% of EssilorLuxottica, is worth about 25 billion euros. From 6,000 to 25 billion in sixty years."

"n the company that will be born from the merger – EssilorLuxottica – Del Vecchio will have control with 32% of the shares and 31% of the voting rights. The French employee-shareholders, represented by the association Valoptec, will have 4%. The agreements essentially stipulate that for the first three years, the management will be perfectly equal between the French and the Italians."

"An immense space, where electric turbines were once manufactured, which aims to become the interconnected home of vision: laboratories, coworking spaces, a journey that tells the story of the group's dozens of brands with the goal of providing an immersive experience in the world of EssilorLuxottica, with a special focus on the world of lenses and diagnostic tools. Around it, a journey is built for buyers, opticians, and customers."