Lectra acquires 51% of TextileGenesis

Lectra announced on December 8, 2022, the signing of an agreement to acquire 51% of the capital and voting rights of Dutch company TextileGenesis, a provider of a SaaS platform for textile traceability. The acquisition extends Lectra's software offer to material traceability and reinforces its position in Industry 4.0.

“Lectra announces the acquisition of the majority of the capital of TextileGenesis”globenewswire.com

• 2 sources
• globenewswire.comPress release: Lectra announces the acquisition of theLECTRADec 8, 2022
• texfash.comFirst Big Traceability Acquisition: Lectra Acquires Majority Stake in TextileGenesis for €15.2 | texfash.comRicha Bansal AnalysisDec 8, 2022

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