Luxottica Group SpA will take over part of the assets of a wholly-owned Italian unit, Luxottica Srl, which specializes in the design and manufacturing of eyewear, in an effort to streamline. The partial de-merger of Luxottica Srl includes the transfer of trademarks and of interests in companies in the group's retail division as well as some liabilities. Luxottica Srl will also transfer to another subsidiary, I.C. Optics Srl, the business dealing with the marketing and distribution of eyewear in the Italian market.