# Lectra acquires Kubix Lab for up to €7 million

Lectra, a technology partner for fabric and leather industries, announced the acquisition of Italian software company Kubix Lab for a maximum of €7 million. Kubix Lab's Link platform manages product information for fashion brands.

- Type: Acquisition
- Announced: 2018-01-25
- Where: Italy
- Value: $8.70M (7.00M EUR)
- Status: announced
- Products: product information management software
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Lectra](https://endata.com/companies/24301.md) (acquirer)
- [Kubix Lab](https://endata.com/companies/29631.md) (target)

## Sources

- [uk.marketscreener.com](https://uk.marketscreener.com/quote/stock/LECTRA-4769/news/Lectra-announces-the-acquisition-of-Kubix-Lab-25871440/), 2018-01-25: "Lectra, the technological partner for companies using fabrics and leather, announces the signing of a share purchase agreement to acquire the entire capital and voting rights of the Italian company Kubix Lab."
- [ww.fashionnetwork.com](https://ww.fashionnetwork.com/news/Lectra-announces-acquisition-of-kubix-lab,941513.html), 2018-01-29: "The transaction involves the entire acquisition of Kubix Lab for the maximum amount of €7 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.