From the Sector

Lectra finalizes June 1^st, the acquisition of all outstanding shares of Gerber Technology, on a cash-free debt-free basis, for 175 million euros – financed through a 140 million euro loan and the Group's available cash – plus 5 million newly issued Lectra shares to AIPCF VI LG, Gerber Technology’s sole shareholder.

This strategic combination, of which all stages have now been successfully completed, has led to the creation of a leading global Industry 4.0 player for the fashion, automotive and furniture markets.

“The union of our respective innovative expertise, our state-of-the-art offers and our talented resources will enable us to bring long-term value to our customers. We will now be in an even better position to support our customers throughout the world in accelerating the digital transformation of their operations,” says Daniel Harari, Chairman and CEO of Lectra.

This acquisition, which was announced on February 8, was approved by Lectra’s Board of Directors on March 25 and by Lectra’s shareholders June, 1.

The PERFORMANCE DAYS summer edition took place as a Digital Fair Week from May 17 to 21, 2021. By extending the event to an entire week of the fair, the PERFORMANCE DAYS team, in cooperation with the Functional Fabric Fair by PERFORMANCE DAYS, was able to provide even more opportunities for intensive networking and interactive exchange for industry insiders to catch up on the latest innovations and participate in exciting expert talks, supplier workshops and panel discussions.

Informative, innovative and international: new sourcing platform THE LOOP
The Digital Fair Week was introduced for the first time at the summer edition as part of PERFORMANCE DAYS LOOPS. The sourcing platform was launched in the first half of 2021 together with US Partner Functional Fabric Fair by PERFORMANCE DAYS. With much success, as proven by the great enthusiasm shown by exhibitors, trade fair visitors and fabric manufacturers. The MARKETPLACE area, which showcased some 10.000 products and around 400 curated, sustainable fabrics and accessories from more than 170 international exhibitors, enjoyed particular popularity as part of the Digital Fair.

Another extremely popular and particularly well-attended attraction was the 3D FORUM, which tested hand-selected fabrics for their material properties as part of the digital fair week, to be visualized ultimately as a 3D scan.
Also for the spring/summer 2023 season, the jury presented two awards for outstanding fabrics – so in addition to the presentation of the PERFORMANCE AWARD, won by Trenchant Textiles, the ECO PERFORMANCE AWARD was presented to the winner, Utenos Trikotazas.

Professional, versatile and informative: Program with Expert Talks
A total of 17 live talks from 30+ speakers followed by a question-and-answer session, under the guidance of moderator and freelancer Astrid Schlüchter, formed the basis of the digital fair supporting program from May 17 to 19. All talks, webinars and panel discussions are available on demand via THE LOOP platform.

The PERFORMANCE DAYS Team has once again succeeded in providing the industry with an almost real trade fair experience despite being held digitally. Via the Digital Fair Platform, which was activated explicitly for the trade fair week, trade fair visitors can enter into interactive exchange, including matchmaking and networking activities.

The premiere of the Functional Textiles Shanghai by PERFORMANCE DAYS fair takes place in Shanghai in September 28-29 as well as in Portland in October 27-28, 2021, with the planned hybrid event in Munich scheduled for December 1 and 2, 2021.

GREENBOATS, Sicomin and Bcomp are nominated as finalists for the JEC Innovation Awards 2021. The three project partners have been selected as finalists in the awards’ Renewable Energy category for their innovative Green Nacelle – the first offshore nacelle manufactured with natural fibre composites (NFC).

The Green Nacelle was designed by NFC innovators GREENBOATS, who were also responsible for the structural engineering, manufacturing and assembly of the nacelle.  By incorporating Bcomp’s ampliTex™ flax reinforcements, FSC certified balsa wood cores and bio-based resins, the Green Nacelle’s NFC construction saves approximately 60% CO2 equivalent and reduces the energy consumption by over 50% compared to a nacelle made with existing GFRP technology.

In addition to the lower CO2 footprint, the natural fibre composite structure also introduces viable options for the end of the nacelles’ life unlike traditional GFRP structures - an issue of increasing concern for the wind energy sector that presents a great opportunity for natural fibre composites to bring a sustainable change to this market.

Sicomin, the formulator and supplier of the leading range of GreenPoxy bio-based epoxy resin systems, supplied its DNV GL approved InfuGreen 810 resin system that was used to infuse the Green Nacelle’s main structural sandwich panels, as well as providing intumescent FR gelcoats, bio-based laminating resins and UV resistant clear coatings for the groundbreaking new nacelle.  Materials, as well as on-site technical support, were delivered by Sicomin’s German distributor TIME OUT Composites.

The winners of the awards will be announced during JEC Connect which will be held on the 1st and 2nd June 2021.