Lectra has acquired the entire capital and voting rights of the Romanian company Gemini CAD Systems. A major global player in the fashion, automotive, and furniture markets, Lectra designs and produces industrial intelligence solutions – software, hardware, data and services – for brands, manufacturers and retailers.
Founded in 2004, Gemini CAD Systems (Gemini) has developed several innovative software solutions, essentially Computer Aided Design (CAD), for small and medium-sized fashion companies. Thanks to its network of partners, Gemini is present in over 60 countries.
This acquisition is in line with Lectra’s strategy of developing its presence in the fashion market and enriching its value proposition.
The transaction concerns the acquisition of 60 per cent of Gemini rights for €7.6 million. The acquisition of the remaining capital and voting rights will take place in two steps, in September 2024 and September 2026.
