PARIS – Four months after signing a Memorandum of Understanding to acquire Gerber Technology, software solutions giant Lectra has announced that the deal is done. 

The Parisian outfit has acquired all outstanding shares of Gerber on a cash-free debt-free basis for €175 million, financed through a €140 million loan and the group’s available cash. 

Lectra chairman and CEO Daniel Harari commented: “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.” 

Why Subscribe?

Interested in advertising?

Simply give us a call

Sales: +44 1977 708488

Or if you prefer email, click on the button below and we'll get back to you asap

 

Why Subscribe?

Looking beyond the cutting edge of textile innovation allows you to stay well ahead of the competition. That’s exactly what you get through a subscription to T.EVO – which delivers a refreshing new take on the rapid evolution of today’s dynamic textile sector.

Key T.EVO benefits:

You will learn about:

All this from MCL Global – the fastest growing international textile publisher – which can now offer today’s textile industry a unique preview of how today’s industry will look tomorrow.

In print, online and mobile device formats.