Delfin S.à r.l. is a Luxembourg-based investment holding company controlled by the Del Vecchio family and founded by Leonardo Del Vecchio in 2006. It serves as the vehicle for managing the group’s industrial, financial, and real estate holdings, separating ownership from operational management.
History
Delfin traces its origins to an earlier financial entity, Leonardo Finanziaria, established in 1990 to manage proceeds from Luxottica’s listing on the New York Stock Exchange, estimated at around US$80 million. Between 2004 and 2006, Leonardo Del Vecchio reorganized his investments under the Luxembourg-based Delfin S.à r.l. with the goal of consolidating the family’s assets and entrusting management to professional executives.
Initially controlling approximately 68% of Luxottica, Delfin became the reference shareholder of EssilorLuxottica following the 2017 merger with Essilor International, holding around 32% of shares and 31% of voting rights.[2]