Lectra SA (ENXTPA:LSS) signed an agreement to acquire Gemini CAD Systems S.r.l for €20 million on September 6, 2021. As per the transaction, Lectra SA will acquire 60% of Gemini right now for €7.6 million, and the acquisition of remaining capital and voting rights will take place in two steps, in September 2024 and September 2026. The total consideration for the acquisition of 100% of Gemini's capital will depend on Gemini's revenue growth, and should be comprised of between €13 million and €20 million.

The transaction is in line with Lectra SA strategy of developing its presence in the fashion market and enriching its value proposition.