Marcolin and Moendi Sign Joint Venture in Mexico
Thursday, April 5 2018 | 00 h 00 min | News, Press Release
Marcolin Group announces the signing of a joint venture agreement with Moendi, one of the largest independent distributors in Mexico.
Moendi has over 25 years of experience in the wholesale and retail distribution of luxury and diffusion sunglasses and eyeglasses in Mexico, selling more than 250,000 frames a year with 20 sales representatives covering the national territory.
The JV, named Marcolin Mexico, is 51% owned by Marcolin Group and its headquarters will be based in Naucalpan in the State of Mexico. It will distribute the eyewear collections of some of the brands which are part of the Marcolin Group portfolio.
Click HERE for the full press release.