Lectra announces the acquisition of Neteven

Lectra announces the acquisition of Neteven The Group enhances its e-commerce provide for fashion companiesand reinforces its positioning as an important Business 4. participant. Paris, Thursday June 24, 2021 – Lectra announces the signature of an agreement to receive the overall cash and voting legal rights of the French firm […]

Lectra announces the acquisition of Neteven

The Group enhances its e-commerce provide for fashion companies
and reinforces its positioning as an important Business 4. participant.

Paris, Thursday June 24, 2021 – Lectra announces the signature of an agreement to receive the overall cash and voting legal rights of the French firm Neteven. A significant international participant in the manner, automotive, and household furniture marketplaces, Lectra types and makes industrial intelligence solutionssoftware package, components, info and servicesfor brand names, makers and distributors.

Started in 2005, Neteven has made a specifically innovative provide, based mostly on a SaaS platform and linked solutions, which allows models to simplify and correctly keep an eye on the distribution of their solutions on the world’s greatest on line marketplaces.

The SaaS platform centralizes the merchandise catalog and data on stock concentrations, gross sales prices and orders, in buy to automate and facilitate distribution on on-line marketplaces.

Neteven can help its clients help you save time when handling their distribution channels and obtain better neighborhood and worldwide visibility of their goods in get to access much more consumers. The Neteven staff presents its technological and services abilities to prestigious brand names to help them optimize their e-commerce method.

“With the COVID-19 crisis, e-commerce has knowledgeable a serious boom around the planet in the exact method as marketplaces which now represent 40{d6d67865d0c481d6826435c1218909f2de4bf59758ea77e63d9ed3e5a8158a00} of online sales. Marketplaces provide an enormous probable in phrases of purchaser audience and give extremely quickly entry to international markets, all whilst limiting the investments and hazards joined to opening several distribution channels. Even so, the absence of norms and the management of numerous interfaces is a authentic impediment in building omnichannel approaches for brands or distributors. This is where by Neteven requires action, by getting rid of that complexity and simplifying distribution by using marketplaces,” suggests Greg Zemor, CEO and co-founder of Neteven. “With Lectra, we will be in a position to address the full chain, from generation to distribution. We will react to brands’ Direct-to-Client approach troubles. This union will permit us to go even further in conditions of innovation, value generation, and small business as very well as global enlargement,” he adds.

Neteven is the excellent complement to the other options not too long ago acquired by Lectra, Kubix Website link (product or service lifecycle management and item details administration – PLM, PIM) and Retviews (competitive intelligence and pattern assessment). The combination of the 3 presents will allow Lectra to provide an even more thorough reaction to its manner customers’ demands.

This acquisition is in line with Lectra’s technique of increasing its presence in the manner current market by masking an extra part of the customers’ value chain.

“We are thrilled to welcome the gifted Neteven teams to Lectra. Thanks to their determination, they have created an impressive product or service and they will bring solid knowledge in e-commerce and the marketplace ecosystem to Lectra,” states Daniel Harari, Chairman and CEO, Lectra. “Initiated in 2017, the target of Lectra’s 4. technique is to placement Lectra as an indispensable Sector 4. participant in the markets it serves involving now and 2030. By signing up for forces with Neteven, we will be equipped to react far more broadly to the anticipations of our clients by accompanying them in the digitalization and automation of their price creation and advertising and marketing processes,” he concludes.

The transaction worries the acquisition of 80{d6d67865d0c481d6826435c1218909f2de4bf59758ea77e63d9ed3e5a8158a00} of Neteven for 12.6 million euros suitable now. The acquisition of the remainder of capital and voting legal rights will consider location in June 2025, for an quantity involving .6 to .9 occasions 2024 recurring revenues.

About Lectra:

For firms that breathe existence into our wardrobes, motor vehicle interiors, furnishings and more, Lectra crafts the quality systems that facilitate the digital transformation of their field. Lectra’s supply empowers manufacturers, brands and vendors from structure to output, delivering them with the sector respect and peace of brain they are entitled to. Established in 1973, the organization claimed revenues of 236 million euros in 2020 and is listed on Euronext (LSS).

In June 2021, Lectra obtained Gerber Technological know-how, a Usa-centered enterprise launched in 1968. Like Lectra, Gerber Engineering develops application and automation remedies for vogue, automotive, furniture and other corporations throughout the globe.

By uniting, Lectra and Gerber Technological innovation will come to be the best Sector 4. companion for their shoppers.

For a lot more info, please visit www.lectra.com and www.gerbertechnology.com.

Media contacts:

Lectra – Headquarters
Adeline Fogel
General public Relations Supervisor
t: +33 ()1 53 64 42 37
e: a.fogel@lectra.com

  • LECTRA_pr-Neteven-acquisition-en

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