Modo Acquires Lowercase Eyewear
Modo announced its acquisition of Lowercase, a Brooklyn, New York-based independent eyewear manufacturer. Gerard Masci founded Lowercase in 2016 on the commitment of quality craftsmanship in bold, retro designs. Modo said it will continue to bring the quality and design that Lowercase is known for while expanding the collection through Modo’s manufacturing prowess, according to an announcement from the company. Financial details of the acquisition have not been disclosed. Gerard Masci said, “I am excited that Lowercase will remain rooted in its approach to making frames in New York City. Modo has a strong track record of producing frames in Brooklyn which is what makes them such a unique fit for Lowercase and our customers. Modo is keeping the in-house manufacturing and brand Dna which has helped Lowercase stand out from the crowd while they will be able to leverage their resources to offer our customers an ever-broader offering.” Modo Group Ceo Alessandro Lanaro said, “Lowercase and Modo share similar N.Y.-based roots with an entrepreneurial spirit, craftsmanship and attention to design. The opportunity to bring an amazing independent brand into the Modo family was an exciting one and we are ready for the next chapter for both Lowercase and Modo.”
June 2023
