Lectra: towards a rapprochement with Glengo in Turkey


(CercleFinance.com) – Lectra yesterday announced an association between its Turkish subsidiary, Lectra Turkey, and Glengo Teknoloji (‘Glengo’), the exclusive distributor of Gerber solutions (material blowing solutions now offered by Lectra) in Turkey . This merger will enable the two entities to expand their presence in Turkey, Central Asia and the Middle East.

Lectra Turkey will thus become Glengo Lectra Teknoloji and will distribute the Lectra Group’s entire product portfolio. This union is the logical continuation of Lectra’s acquisition of Gerber Technology (‘Gerber’) in June 2021.

“Our association with Glengo will enable Lectra to strengthen its position in a country where business is growing and to benefit from the excellent knowledge of the regional market as well as the technological expertise of the Glengo teams,” said Jérôme. Viala, Deputy CEO of Lectra.

The transaction consists of the acquisition by Lectra Turkey of the commercial assets of Glengo, for approximately 4 million euros, and of 25% of the shares of Glengo Lectra Teknoloji.

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