May 23, 2022

LECTRA: The Group finalizes the acquisition of Gerber Technology

Lectra completes the acquisition of Gerber Technology

The merger of the two companies will give birth to a global player
leadingiIndustry 4.0 for the fashion markets,
automotive and furnishings.

Paris, Tuesday 1is June 2021 – Lectra finalizes today the acquisition of all the shares of the company Gerber Technology on a base « cash free/debt free », for 175 million euros – financed by a loan of 140 million euros and by the Group’s treasury – to which are added 5 million new Lectra shares issued for the benefit of AIPCF VI LG Funding LP, sole shareholder of Gerber Technology.

This strategic merger, all of the stages of which have just been successfully completed, has created a leading global player in Industry 4.0 for the fashion, automotive and furniture markets.

« The combination of our innovative know-how, of our offers at the cutting edge of technology and of our talented resources, allows us to create long-term value for our clients. So, we will be able, more than ever, d’support our customers all over the world in accelerating the digital transformation of their operations », declares Daniel Harari, Chairman and CEO of Lectra.

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

About Lectra:

For companies that breathe life into our wardrobes, car interiors, furniture and more, Lectra shapes premium technologies that facilitate the digital transformation of their industry. Lectra’s offering gives brands, manufacturers and distributors the means to achieve their ambitions, from design to production, but also the respect for the market and the peace of mind they deserve. Founded in 1973, the company achieved a turnover of 236 million euros in 2020 and is listed on Euronext (LSS).

In June 2021, Lectra acquired Gerber Technology, a US-based company founded in 1968. Like Lectra, Gerber Technology develops software and automation solutions for fashion, automotive, home furnishings and other business sectors around the world.

By joining forces, Lectra and Gerber Technology will become the benchmark partner of Industry 4.0 for their customers.

For more information, visit www.lectra.com and www.gerbertechnology.com.

Media contacts:

Oxygen for Lectra
Vivien Michelet – t : +33 (0)6 63 27 22 28
Audrey Pizard – t : +33 (0)6 35 54 45 96
e : [email protected]
Lectra – head office
Adeline Fogel – Public relations manager
t : +33 (0)1 53 64 42 37
e : [email protected]
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