Brief: Lectra To Acquire 60% of Gemini Cad Systems For EUR 7.6 Mln

Lectra SA

06/09/2021 16:52

Sept 6 (Reuters) - Lectra SA  LECS.PA :
    * REG-LECTRA: LECTRA ANNOUNCES THE ACQUISITION OF GEMINI CAD SYSTEMS
    * TRANSACTION CONCERNS ACQUISITION OF 60% OF GEMINI RIGHT NOW FOR 7.6
MILLION
EUROS
    * ACQUISITION OF REMAINING CAPITAL AND VOTING RIGHTS WILL TAKE PLACE IN TWO
STEPS,
IN SEPTEMBER 2024 AND SEPTEMBER 2026
    * TOTAL CONSIDERATION FOR ACQUISITION OF 100% OF GEMINI'S CAPITAL WILL
DEPEND ON
GEMINI'S REVENUE GROWTH, AND SHOULD BE COMPRISED OF BETWEEN 13 AND 20 MILLION
EUROS

Source text for Eikon:  ID:nGNE8rN17K 
Further company coverage:  LECS.PA 

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