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Humana grows in Finland

2017-10-23 09:00

Humana AB, a leading Nordic care company, acquires Ryhmäkoti Raide Oy (Raide Oy) with residential care home operations for children and youth in Tampere area, Finland. The acquisition entails a geographic expansion and strengthens our service offering.

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Humana AB has entered an agreement to acquire all shares in Ryhmäkoti Raide Oy (Raide). The transfer will take place immediately and the operations of Raide Oy will be included in Arjessa, Humana’s Finnish subsidiary.

Ryhmäkoti Raide Oy is currently operating a specialised treatment unit for children and youth in Tampere area. Revenues in Raide Oy amounted to approximately SEK 7 million in 2016. The acquisition strengthens Humana’s position as the leading Nordic provider in individual and family care in Finland.

“Through the acquisition of Ryhmäkoti Raide Oy, Humana continues to strengthen its positions in Finland,” said Rasmus Nerman, CEO of Humana. “Raide actively sought out Humana because of our strong position in social psychiatry, and we have joint plans for continued growth in the future.”

“I’m very pleased with the acquisition of Ryhmäkoti Raide Oy,” said Pasi Kohtala, CEO of Arjessa and Humana’s Finnish operations. “Their business rests on high quality based on the individual needs of clients. Raide’s corporate culture and values ​​are in line with ours and we see good opportunities for continued growth.” 

For more information, please contact:
Ulf Bonnevier, CFO, +46 (0)70-164 73 17, ulf.bonnevier@humana.se
Cecilia Lannebo, Head of Investor Relations, +46 (0)72-220 82 77, cecilia.lannebo@humana.se

Humana is a leading Nordic care company providing services within individual and family care, personal assistance, elderly care and special service housing in accordance with LSS. Humana has some 15,000 employees in Sweden, Norway and Finland providing care for over 7,000 individuals and working to achieve the vision “Everyone is entitled to a good life”. In 2016, Humana’s operating revenue was SEK 6,362 M. Humana is listed on Nasdaq Stockholm since 2016 and company’s headquarters are located in Stockholm. Read more about Humana on: www.humana.se or http://corporate.humana.se