Protolabs acquires 3D Hubs
Proto Labs, Inc. (NYSE: PRLB), a global technology-enabled digital manufacturing leader, has entered into a definitive agreement
Proto Labs, Inc. (NYSE: PRLB), a global technology-enabled digital manufacturing leader, has entered into a definitive agreement to acquire 3D Hubs, Inc. (“3D Hubs”), a leading online manufacturing platform that provides engineers with on-demand access to a global network of approximately 240 premium manufacturing partners. The transaction creates the world’s most comprehensive digital manufacturing offer for custom parts, providing Protolabs with a network of manufacturing partners to fulfil a breadth of capabilities outside of its current envelope, as well as a broader offering of pricing and lead time options. Legal advisers to Protolabs were Faegre Drinker Biddle & Reath LLP and Cooley LLP acted as legal adviser to 3D Hubs. Kennedy Van der Laan acted as local counsel for 3D Hubs in collaboration with Cooley LLP.