12 February 2021
Gide is advising AIPCF VI LG Funding, LP, on the French aspects of the agreement concluded with Lectra S.A., a French société anonyme listed on Euronext Paris pursuant to which AIP would potentially sell Gerber Technology for approximately €300 million. In advising AIP, Gide works closely with attorneys at the US law firm Ropes & Gray who represents AIPCF VI LG Funding, LP.
Gerber Technology uses proprietary technologies and deep domain expertise to provide integrated software and automated hardware solutions to companies around the world, including over 100 Fortune 500 companies in 134 countries. Lectra manufactures and distributes computer systems used in fashion design and textile processing, which computer systems are used to automate garment design and the cutting of fabrics.
Gide’s team advising AIP comprises partner Antoine Tézenas du Montcel, working with associates Elise Bernard, Pierre-Antoine Degrolard and Anaïs Roudel on M&A / corporate aspects, partner Foulques de Rostolan on employment aspects and partner Magali Buchert on tax aspects.