Lectra plans to acquire the entire capital and voting rights of US-based Gerber Technology. As per Textile Network, the acquisition would complement Lectra’s market position and enhance its offerings based on Industry 4.0 technology.. After the consultation of the French work council of Lectra is consulted and signing of the binding documentation, the acquisition shall remain subject to merger control clearance and other customary conditions and shall be submitted to Lectra shareholders for approval.

The acquisition will make Lectra and Gerber Technology the ultimate Industry 4.0 for their customers. The strategic combination of Gerber Technology and Lectra will create a premier advanced technology partner, able to quickly meet changing customer needs and deliver even more value through seamlessly integrated solutions. Together, the two companies will have a large installed base of product development software and automated cutting solutions in operation, with a worldwide presence and a long list of prestigious customers.

Consolidating the two companies’ research and development capabilities will enable the combined company to accelerate development of Industry 4.0 technologies and help its expanded customer base seize the full potential of these innovations.