Humana completes the acquisition of the operations of Assistans för dig
Humana has completed the acquisition of the operations in Assistans för dig. Through the acquisition, Humana strengthens its position as the leading assistance provider in Sweden.
Following the approval of the acquisition from the Swedish Competition Authority (see previous press releases 11 May and 20 May, 2022), Humana AB has acquired the operations of Assistans för dig. The total purchase price is estimated to amount to SEK 151m. The payment is divided to an initial purchase price of SEK 20m on a cash and debt free basis, and two earn-outs based on financial performance for 2022 and 2023. The majority of the transaction is to be paid at the last due date. The transaction will be financed with cash.
Through the acquisition of the business in Assistans för dig, Humana strengthens its position as a leading assistance provider in Sweden. The increased volume means better possibilities to deliver good care and high quality.
-We are very pleased to welcome Assistans för dig to Humana. Together we will develop our offering and take advantage of the opportunities and synergies that arise through a common platform. As a leading and responsible provider in the Swedish assistance market, high quality and being an attractive employer are fundamental. It is also our most important means of competition so we can continue to grow and help even more people to a good life," Andreas Westlund, Head of Business Area Personal Assistance at Humana says.
Assistans för dig will be included in Humana's accounts from 1 June 2022. Full-year revenues amount to approximately SEK 600 million and the company has approximately 2,000 employees.
For more information please contact:
Andreas Westlund, Business Area Manager Humana Personal Assistance, +46 (0)70-712 30 20, firstname.lastname@example.org
Ewelina Pettersson, IR manager, 073-074 79 12, email@example.com
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 18,000 employees in Sweden, Norway, Finland and Denmark providing care for 9,000 individuals and working to achieve the vision “Everyone is entitled to a good life”. In 2021, Humana’s operating revenue was SEK 8,188m. Humana is listed on Nasdaq Stockholm and the company’s headquarters are located in Stockholm. Read more about Humana on: https://www.humanagroup.com/