HubStyle sells Sales Intelligence for PLN 1.8 million

HubStyle signed an agreement with Sare for the sale of 100 percent in Sales Intelligence for PLN 1.8 million. The price can be increased by PLN 500,000, if additional conditions are met, the companies said. On April 13 HubStyle signed a document establishing preliminary terms of the transaction (a term-sheet). The initial price was set at PLN 1.9 million. HubStyle is the owner of the Sugarfree.pl clothing brand and the online store, offering dresses mainly produced in Poland. Sare is a technological company providing advanced IT tools.