Strnad Offers 30B Euros for Delfin

Czech billionaire Michal Strnad has offered 30 billion euros to acquire Delfin, the investment firm holding a major stake in eyewear giant EssilorLuxottica. The unsolicited bid emerges amid growing tensions among the heirs of the late founder Leonardo Del Vecchio.

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Czech billionaire Michal Strnad, chairman and owner of Ammunition and arms maker Czechoslovak Group (CSG), arrives at Euronext Amsterdam in Amsterdam, Netherlands, January 23, 2026. REUTERS/Piroschka van de Wouw

Czech billionaire Michal Strnad has offered €30B to acquire Delfin, the key shareholder in eyewear giant ESSILORLUXOTTICA, two people close to the matter said. The proposal highlights escalating tensions among the heirs of the late founder as external investors eye the holding. A successful buyout would reshape ownership across major Italian financial institutions.