The Italian giant bought a 67 percent stake in the Sabae-based company specialized in the production of titanium and gold frames.
China is the remaining country where antitrust approval is still pending.
The 48th edition of the three-day eyewear trade fair closed in Milan on Feb. 26, setting new records in the number of exhibitors and visitors.
The brand is tightening its grip on distribution and positioning eyewear on par image-wise with its other categories.
The Italian eyewear manufacturer strengthens its presence in Latin America signing an exclusive deal with local eyewear company Cepal.
Following his first year at the helm, the 28-year-old executive says the U.S. market has seen double-digit sales increases.
The partnership between the two companies has been extended through December 2023.
The exclusive deal is with Thailand-based Supreme Eyewear distributor.