The deal comes as the on-demand manufacturing company builds out the “Lectra 4.0” strategy it launched in 2017, which aims at positioning the company as a “Industry 4.0” player before 2030. Tractor Supply Wins FTC Approval to Acquire Smaller Rival Gemini’s solutions include design and development platforms PatternDesigner, FashionStudio and PhotoDigitizer e-commerce customization platforms BespokeEditor and Apogy nesting technologies NestExpert, CutPlanner and NestConnect as well as cutting technologies CutCollect and VisionCut. Gemini, based in Romania, specializes in ready-to-wear, digitally printed, custom made and made-to-measure apparel and works with SMB clients in more than 60 countries. ![]() ![]() Lectra would acquire 100 percent of Gemini’s capital, dependent entirely on revenue growth, and should be comprised of between 13 million euros ($15.4 million) and 20 million euros ($23.7 million). The acquisition of the remaining capital and voting rights will take place in two steps, in September 2024 and September 2026. On Tuesday, Lectra said it will acquire 60 percent of Gemini for 7.6 million euros ($9 million). ![]() After making a splash when it acquired Gerber Technology for $362 million earlier in 2020, the Paris-based company is bringing on another software company, Gemini CAD Systems, into its on-demand ecosystem. Lectra is further fortifying its fleet of product design, developing and manufacturing software with yet another acquisition targeting its fashion portfolio.
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