Lectra: Acquisition of Gerber Technology comp...

Acquisition of Gerber Technology completed

(Source: Lectra)
(Source: Lectra)

Lectra SA, Paris/France, has finalized the acquisition of the supplier of integrated software solutions Gerber Technology, Tolland, CT/USA, for €175 million. This strategic combination, of which all stages have now been successfully completed, has led to the creation of a leading global Industry 4.0 player for the fashion, automotive and furniture markets.

The union of the respective innovative expertise and the state-of-the-art will now put the company in an even better position to support customers throughout the world in accelerating the digital transformation of their operations.

Lectra, a supplier of integrated technology solutions for textile and flexible materials, financed the acquisition through a €140 million loan and the group's available cash – plus 5 million newly issued Lectra shares to Parent company AIPCF VI LG Funding LP, Wilmington, DE/USA, Gerber Technology’s sole shareholder.

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