Humana expands in Finland
Humana AB acquires Luotsimaja Oy with operations within psychosocial treatment for children and youth in Pori, Western Finland. The acquisition entails a geographic expansion and strengthens our service offering.
Humana AB has entered an agreement to acquire all shares in Luotsimaja Oy. The transfer will take place immediately and the operations of Luotsimaja Oy will be included in Arjessa, Humana’s Finnish subsidiary.
Luotsimaja Oy is currently operating a specialised treatment operation for children and youth in Pori in western part of Finland. Revenues in Luotsimaja Oy amounted to approximately SEK 10 million in 2017. The acquisition strengthens Humana’s position as the leading Nordic provider in individual and family care in Finland.
“Through the acquisition of Luotsimaja Oy, Humana continues to strengthen its position in the market for individual and family care in Finland,” said Rasmus Nerman, CEO of Humana. “The acquisition strengthens our position in social psychiatry for children and youth while we see opportunities to further expand the business organically”, concludes Rasmus Nerman.
“I’m very pleased with the acquisition of Luotsimaja 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. Luotsimaja’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 2017, Humana’s operating revenue was SEK 6,557 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