Lectra completes acquisition of Gerber Technology

June 4th, 2021

Lectra has finalized its acquisition of all outstanding shares of Gerber Technology on a cash-free debt-free basis, for 175 million euros, financed through a 140 million euro loan and the group's available cash, plus 5 million newly issued Lectra shares to AIPCF VI LG, Gerber Technology’s sole shareholder. The strategic combination, of which all stages […]

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Dobbs joins Glen Raven Technical Fabrics

June 3rd, 2021

Sammy Dobbs has joined Glen Raven Technical Fabrics (GRTF) as Director of New Business Development for the company’s GlenGuard® brand of flame-resistant and arc-resistant fabrics, which are used to make protective apparel.   Dobbs joins GRTF with more than 28 years of sales and marketing experience in the flame-resistant clothing industry, most recently with VF […]

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Lenzing reaches milestone on path to climate-neutral production

June 2nd, 2021

Lenzing Group, a provider of sustainably produced specialty fibers for the global textile and nonwoven industries, is continuing to make strides toward achieving carbon neutrality. The successful completion and commissioning of an air purification and sulfur recovery plant at the Lenzing facility marks another milestone in the Group’s ambitious strategy. Using state-of-the-art technology, the plant […]

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