Lectra Turkey Becomes ‘Glengo Lectra Teknoloji’ After Joining Forces with Turkish Distributor
Updated: May 18, 2022
By Apparel Resources
Lectra, a leading Industry 4.0 solution provider for fashion, automotive and furniture markets, has announced that Glengo Teknoloji, the exclusive distributor of Gerber solutions in Turkey established in 1986, will join forces with Lectra Turkey.
Lectra Turkey and Glengo will together expand their footprint in Turkey, Central Asia and the Middle East, and better serve their customers.
Lectra Turkey will become Glengo Lectra Teknoloji and distribute the entirety of the Lectra Group’s product portfolio. This union is the logical next step after Lectra’s acquisition of Gerber Technology in June 2021.
Glengo primarily serves the Turkish and Central Asian markets. The Turkish distributor also sells Gerber solutions to Turkish companies in Bulgaria, Moldavia, Romania and the Balkans.
“We are proud to have more customers benefiting from our 36 years of experience in providing top-tier solutions, technical assistance and support. Being part of Lectra’s organisation gives us access to Lectra’s state-of-the-art offers, based on Industry 4.0 technology, which will enable us to help our customers to accelerate the digital transformation of their operations,” stated Mehmet Aykut Vural, Founder of Glengo and now Chairman and CEO of Glengo Lectra Teknoloji.
It’s worth noting here that Turkey ranks as the sixth-largest apparel supplier in the world. Turkey is one of the top three most promising locations for nearshoring, especially for European countries. In addition to the flourishing local industry, many international brands are considering moving their manufacturing ecosystem to Turkey, as per Lectra.
“Joining forces with Glengo will allow Lectra to reinforce its position in a country where our business is growing, and benefit from the Glengo teams’ excellent knowledge of the regional market and their technological expertise,” mentioned Jérôme Viala, Executive Vice President of Lectra.
The transaction consists in the acquisition by Lectra Turkey of the business assets of Glengo for approximately €4 million and 25 percent of shares in Glengo Lectra Teknoloji.