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09.10.2023

Lectra joined the CAC Mid 60 and SBF 120 indices

Lectra, a leader in technology solutions for the fashion, automotive and furniture industries, will be listed in the CAC Mid 60 and SBF 120 indices of Euronext as of market close on September 15, 2023. This listing will enhance the visibility of the group with potential shareholders and customers in France and internationally.

Founded 50 years ago, the Lectra Group offers software, connected cutting equipment, data analysis solutions and associated services to players in the fashion, automotive and furniture industries to accelerate their digital transformation and transition to Industry 4.0. In 2017, the company initiated its Lectra 4.0 strategy, with the ambition of becoming an indispensable player in Industry 4.0 worldwide by 2030.

Lectra, a leader in technology solutions for the fashion, automotive and furniture industries, will be listed in the CAC Mid 60 and SBF 120 indices of Euronext as of market close on September 15, 2023. This listing will enhance the visibility of the group with potential shareholders and customers in France and internationally.

Founded 50 years ago, the Lectra Group offers software, connected cutting equipment, data analysis solutions and associated services to players in the fashion, automotive and furniture industries to accelerate their digital transformation and transition to Industry 4.0. In 2017, the company initiated its Lectra 4.0 strategy, with the ambition of becoming an indispensable player in Industry 4.0 worldwide by 2030.

For Daniel Harari, Chairman and Chief Executive Officer of Lectra: “Lectra's entry into the CAC Mid 60 and SBF 120 indices is an outstanding recognition of the successful actions we have taken over the past few years to ensure the profitable growth of our company and the success of our customers. We have changed dimension, notably with the acquisition of our historical competitor, Gerber Technology in June 2021. We have expanded our customer base, launched new cloud-based offerings which have enabled us to significantly increase the volume of SaaS software in our revenues, and offered new Customer Success Management services to support our customers. We have also made Corporate Social Responsibility (CSR) one of the pillars of our strategy.”

More information:
Lectra, PLM stocks
Source:

Lectra

24.06.2021

Lectra: Acquisition of Neteven

Lectra announces the signature of an agreement to acquire the entire capital and voting rights of the French company Neteven.

The transaction concerns the acquisition of 80% of Neteven for 12.6 million euros right now. The acquisition of the remainder of capital and voting rights will take place in June 2025, for an amount between 0.6 to 0.9 times 2024 recurring revenues.

Founded in 2005, Neteven has developed a particularly innovative offer, based on a SaaS platform and associated services, which enables brands to simplify and effectively monitor the distribution of their products on the world’s largest online marketplaces.

The SaaS platform centralizes the product catalog and information on stock levels, sales prices and orders, in order to automate and facilitate distribution on online marketplaces.
Neteven helps its customers save time when managing their distribution channels and gain greater local and international visibility of their products in order to reach more consumers. The Neteven team provides its technological and services expertise to prestigious brands to help them optimize their e-commerce strategy.

Lectra announces the signature of an agreement to acquire the entire capital and voting rights of the French company Neteven.

The transaction concerns the acquisition of 80% of Neteven for 12.6 million euros right now. The acquisition of the remainder of capital and voting rights will take place in June 2025, for an amount between 0.6 to 0.9 times 2024 recurring revenues.

Founded in 2005, Neteven has developed a particularly innovative offer, based on a SaaS platform and associated services, which enables brands to simplify and effectively monitor the distribution of their products on the world’s largest online marketplaces.

The SaaS platform centralizes the product catalog and information on stock levels, sales prices and orders, in order to automate and facilitate distribution on online marketplaces.
Neteven helps its customers save time when managing their distribution channels and gain greater local and international visibility of their products in order to reach more consumers. The Neteven team provides its technological and services expertise to prestigious brands to help them optimize their e-commerce strategy.

More information:
Lectra, PLM
Source:

Lectra

Jean Marie Canan (C) Lectra
03.06.2021

Jean Marie Canan joins Lectra's Board of Directors

Lectra’s Shareholders’ Meeting appointed Jean Marie (“John”) Canan as a new Director, for a period of four years. Jean Marie Canan becomes a member of Lectra’s Audit Committee, Compensation Committee and Strategic Committee.

A Canadian national, at 64, Jean Marie Canan is currently Lead Independent Director and Chairman of the Audit Committee of REV Group, an American company listed on the NYSE; Director and Chairman of the Audit Committee of Acasti Pharma, a Canadian company listed on the NASDAQ and Director of the Angkor Hospital for Children, a leading non-profit pediatric hospital in Cambodia.

Lectra’s Shareholders’ Meeting appointed Jean Marie (“John”) Canan as a new Director, for a period of four years. Jean Marie Canan becomes a member of Lectra’s Audit Committee, Compensation Committee and Strategic Committee.

A Canadian national, at 64, Jean Marie Canan is currently Lead Independent Director and Chairman of the Audit Committee of REV Group, an American company listed on the NYSE; Director and Chairman of the Audit Committee of Acasti Pharma, a Canadian company listed on the NASDAQ and Director of the Angkor Hospital for Children, a leading non-profit pediatric hospital in Cambodia.

Jean Marie Canan, graduated from McGill University in Montreal, Canada and is a Canadian Certified Public Accountant (CPA), began his career at PricewaterhouseCoopers (PwC) in 1978, starting in their Montreal office, and then two years in their Hong Kong office. From 1990 to 2014, he held many ever-increasing positions of responsibility at Merck & Co, Inc. (“Merck”). These included senior roles in finance, strategy development, business development and operations. He was part of a small team that led the acquisition of Schering-Plough by Merck. He also provided operational oversight for most of the Merck group’s joint ventures, including DuPont-Merck, Johnson and Johnson-Merck, Astra-Merck, and Schering-Plough-Merck. Merck’s Executive Committee selected Jean Marie as one of the five senior leaders charged with defining Merck's new strategy in 2006.

More information:
Lectra, PLM Jean Marie Canan
Source:

Lectra