LECTRA: Lectra announces the acquisition of Neteven
24 Giugno 2021 - 5:47PM
LECTRA: Lectra announces the acquisition of Neteven
Lectra announces the acquisition
of Neteven
The Group enhances its e-commerce offer
for fashion companiesand reinforces its
positioning as an essential Industry 4.0
player.
Paris, Thursday June 24, 2021 –
Lectra announces the signature of an
agreement to acquire the entire capital and voting rights of the
French company Neteven. A major
global player in the fashion, automotive, and furniture markets,
Lectra designs and produces industrial intelligence
solutions – software, hardware,
data and services – for brands,
manufacturers and distributors.
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.
“With the COVID-19 crisis, e-commerce has
experienced a real boom around the world in the same manner as
marketplaces which now represent 40% of online sales. Marketplaces
offer an enormous potential in terms of consumer audience and give
extremely fast access to international markets, all while limiting
the investments and risks linked to opening multiple distribution
channels. However, the absence of norms and the management of
multiple interfaces is a real impediment in developing omnichannel
strategies for brands or distributors. This is where Neteven takes
action, by removing that complexity and simplifying distribution
via marketplaces,” says Greg Zemor, CEO and co-founder of Neteven.
“With Lectra, we will be able to cover the entire chain, from
production to distribution. We will respond to brands’
Direct-to-Consumer strategy issues. This union will allow us to go
even further in terms of innovation, value creation, and business
as well as international expansion,” he adds.
Neteven is the perfect complement to the other
solutions recently acquired by Lectra, Kubix Link (product
lifecycle management and product information management – PLM, PIM)
and Retviews (competitive intelligence and trend analysis). The
combination of the three offers will enable Lectra to provide an
even more comprehensive response to its fashion customers’
needs.
This acquisition is in line with Lectra’s
strategy of expanding its presence in the fashion market by
covering an additional part of the customers' value chain.
“We are thrilled to welcome the talented Neteven
teams to Lectra. Thanks to their commitment, they have developed an
innovative product and they will bring strong expertise in
e-commerce and the marketplace ecosystem to Lectra,” says Daniel
Harari, Chairman and CEO, Lectra. “Initiated in 2017, the goal of
Lectra’s 4.0 strategy is to position Lectra as an indispensable
Industry 4.0 player in the markets it serves between now and 2030.
By joining forces with Neteven, we will be able to respond more
broadly to the expectations of our customers by accompanying them
in the digitalization and automation of their value creation and
marketing processes,” he concludes.
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.
About Lectra:
For companies that breathe life into our
wardrobes, car interiors, furniture and more, Lectra crafts the
premium technologies that facilitate the digital transformation of
their industry. Lectra’s offer empowers brands, manufacturers and
retailers from design to production, providing them with the market
respect and peace of mind they deserve. Founded in 1973, the
company reported revenues of 236 million euros in 2020 and is
listed on Euronext (LSS).
In June 2021, Lectra acquired Gerber Technology,
a USA-based company founded in 1968. Like Lectra, Gerber Technology
develops software and automation solutions for fashion, automotive,
furniture and other businesses across the globe.
By uniting, Lectra and Gerber Technology will
become the ultimate Industry 4.0 partner for their customers.
For more information, please visit
www.lectra.com and www.gerbertechnology.com.
Media contacts:
Lectra - HeadquartersAdeline
FogelPublic Relations
Managert: +33 (0)1 53 64
42 37e: a.fogel@lectra.com
- LECTRA_pr-Neteven-acquisition-en
Grafico Azioni Lectra (EU:LSS)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Lectra (EU:LSS)
Storico
Da Apr 2023 a Apr 2024