◂ Announcements

Sep 3, 2019ACQUISITIONItaly, Italy

Lectra acquires 70% stake in Caron Technology for €1.9M

Lectra acquired a 70% equity stake in Italian company Caron Technology for €1.9 million ($2.2 million), with an option to increase to 100% by 2029, to enhance cutting room solutions.

Value

$2.20M (1.90M EUR)

Status

Completed

Productsautomated preparation systemsfabric spreadersfeedersroll loadersspreading tablessoftware

CompaniesLectra acquirer Caron Technology target

Sectors#Industrial Machinery #Automation and Robotics

“This strengthened alliance reinforces our offering by combining it with recognized know-how in cutting-room preparation.”wwd.com

1 source
wwd.comLectra Acquires 70% Stake in Caron Technology to Boost InnovationArthur ZaczkiewiczSep 3, 2019

Summarized from public sources; check the original articles before acting on it.

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