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.”
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