02/06/2021 – The acquisition is completed — auf Deutsch lesen

Lectra and Gerber Technology become one

The combination of the two companies will give rise to a leading global player in Industry 4.0 for the fashion, automotive and furniture markets.

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Daniel Harari, Chairman and CEO of Lectra: “We will now be in an even better position to support our customers throughout the world in accelerating the digital transformation of their operations.” © Lectra

 

Lectra finalizes yesterday, June 1, 2021, the acquisition of all outstanding shares of Gerber Technology, on a cash-free debt-free basis, for 175 million euros – financed through a 140 million euro loan and the Group’s available cash – plus 5 million newly issued Lectra shares to AIPCF VI LG, Gerber Technology’s sole shareholder.

Daniel Harari, Chairman and CEO of Lectra:

“The union of our respective innovative expertise, our state-of-the-art offers and our talented resources will enable us to bring long-term value to our customers. We will now be in an even better position to support our customers throughout the world in accelerating the digital transformation of their operations.”

This acquisition, which was announced on February 8, was approved by Lectra’s Board of Directors on March 25 and now by Lectra’s shareholders.