LensCrafters 2013 Annual Report Download - page 169
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Footnotes to the statutory financial statements as of December 31, 2013 Page 2 of 71
With a view to continuously improving the procurement process and synergies with the supplier base, during 2013
Luxottica Group S.p.A. extended the reach of its centralized procurement function to include production materials and
parts. In fact, as from July 1, 2013, the Company has entered into a commission agreement with Luxottica S.r.l., its
subsidiary, under which it has become responsible for purchasing on the latter's behalf the items needed for
production.
On January 23, 2013, Luxottica Group S.p.A. completed the acquisition of 100% of Alain Mikli International, a
French luxury eyewear company. The acquisition is part of the Group's strategy to strengthen its brand portfolio.
On March 25, 2013, the Company completed its subscription to a 36.33% minority stake in Salmoiraghi & Viganò,
for the sum of Euro 45 million.