# 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.

- Type: Acquisition
- Announced: 2019-09-03
- Where: Italy, Italy
- Value: $2.20M (1.90M EUR)
- Status: completed
- Products: automated preparation systems, fabric spreaders, feeders, roll loaders, spreading tables, software
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Lectra](https://endata.com/companies/24301.md) (acquirer)
- [Caron Technology](https://endata.com/companies/41817.md) (target)

## Sources

- [wwd.com](https://wwd.com/sourcing-journal/industry-news/lectra-acquires-equity-stake-in-caron-technology-1239201089/), 2019-09-03: "This strengthened alliance reinforces our offering by combining it with recognized know-how in cutting-room preparation."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.