# Nextil acquires Portuguese luxury knitwear manufacturer Keupe

Nextil, a Spanish textile group, has acquired Portuguese company Keupe, a specialist in knitted luxury garments, for approximately EUR 225,000. The acquisition will increase Nextil's luxury garment production capacity by 20%.

- Type: Acquisition
- Announced: 2022-01-18
- Where: Ponte de Lima, Portugal
- Value: $255K (225K EUR)
- Status: completed
- Capacity: 20% increase in luxury garment production capacity
- Products: knitted luxury garments
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Nextil](https://endata.com/companies/35565.md) (acquirer)
- [Keupe](https://endata.com/companies/60404.md) (target)

## Sources

- [knittingindustry.com](https://knittingindustry.com/nextil-acquires-portugals-keupe/), 2022-01-18: "This is a very important operation for Nextil to continue driving forward the garment business unit with significant business growth in the strategic market of luxury."

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