Great buzz around Marcolin, the third power of made in Italy eyewear after the battleships Luxottica and Safilo, now controlled by private equity. This could also be the fate of Marcolin if the family, 30% strong, accepts the offer of the private fund Pai Partners, already a protagonist in the Stock Exchange of the Saeco and Coin operations.
Pai, assisted by Mediobanca, however, will have to move in full harmony with the brothers Della Valle (Diego and Andrea both own a 20% stake) and with Renzo Rosso of Diesel.
It is probable that Della Valle will remain a minority shareholder but control should change hands, therefore Pai would be ready to launch a tender offer to withdraw the stock from the market. But for now the stock is still there and by mid-morning it was gaining 6,6% in Piazza Affari.
