Lectra completes the acquisition of Gerber Technology

France
Published:  02 June, 2021

The French technological solutions provider has finalised the acquisition of all outstanding shares of Gerber Technology for €175 million plus five million newly issued Lectra shares to AIPCF VI LG, Gerber Technology’s sole shareholder.

The acquisition has led to the creation of a global Industry 4.0 player for the fashion, automotive and furniture markets.

“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,” says Daniel Harari, Chairman and CEO of Lectra.