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Lectra to acquire Gerber Technology for EUR300m

Technology specialist Lectra is to acquire US rival Gerber Technology in a EUR300m (US$360.8m) deal that will enable the two companies to hone their software, equipment, data and services to provide "the ultimate Industry 4.0" offering for the fashion sector. related to Deals, Sourcing, Technology, Gerber Technology, Lectra, ....

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Lectra plans Gerber acquisition

Lectra says it plans to acquire the entire capital and voting rights of US-based Gerber Technology. related to Components, M&A and JV deals, Service suppliers/supply chain, ....

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Lectra enters into a Memorandum of Understanding to acquire Gerber Technology


announces its plan to acquire the entire capital and voting rights of US-based
Gerber Technology. A key Industry 4.0 player in the fashion, automotive and furniture industries, Lectra designs smart industrial solutions – software, equipment, data and services – that help brands, manufacturers and retailers develop, produce and market their products.
The acquisition, if and when consummated, would allow Lectra to complement its market position and continue to enhance its offerings based on Industry 4.0 technology that will enable its customers to boost the productivity and profitability of their operations. After the French work council of Lectra is consulted and the binding documentation is signed, completion of the acquisition shall remain subject to merger control clearance and other customary conditions and shall be submitted to Lectra shareholders for approval. ....

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