Safilo Acquires 25 Percent Stake in Inspecs Group
Safilo Group announced on Thursday that, between December 15 and 18, the group acquired shares in Inspecs Group PLC amounting to 25% of the company's share capital, for a total consideration of approximately £21.7 million (AU$43.9 million).
Safilo stated: "Further to the dealing disclosures under Rule 8.3 of the UK Takeover Code (the “Code”), Safilo Group S.p.A. (“Safilo” or the “Group”) announces that, between 15th and 18th December 2025, the Group acquired shares in Inspecs Group plc (“Inspecs” or the “Company”) representing, in aggregate, 25% of the Company’s share capital, for a total consideration of approximately £21.7 million. This equity stake reflects Safilo’s confidence in Inspecs’ long-term prospects, providing the Group with a strategic opportunity in the Company’s future developments. Safilo (together with any persons acting in concert with it) is bound by the restrictions set out in Rule 2.8 of the Code, as set out in its announcement on December 15, 2025."
Last week, Inspecs said it agreed to an £85.4 million takeover offer from Bidco 1125 Limited, indirectly owned by Luke Johnson and Ian Livingstone.