The CAD/CAM textile and leather cuttings systems specialist, Lectra, has acquired Spain’s Investronica Sistemas for €12.25 million, Lectra has announced.  The company has been purchased from Investronica’s main shareholder, the Spanish Induyco group.

With 2002 revenues of €58 million, Investronica is active in the same market sectors as Lectra and with similar product lines, Investronica Sistemas is today number three worldwide, behind Lectra (number one) and US-based Gerber Technology (number two). Investronica Sistemas holds very strong positions in Spain – its home country – and Italy, as well as in Eastern Europe and South America, and has built more recently growing Activities in China, India and South East Asia.

According to Lectra, Investronica Sistemas has developed over the years a solid customer base, counting more than 6,000 customers and 20,000 CAD/CAM systems installed.

With close to 200 employees, 60% of which are based in Spain, Investronica Sistemas – contrary to Lectra – has concentrated its direct sales and service operations mainly in Spain and Italy, and developed its worldwide business through an indirect sales and service network of agents and distributors.

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