Human Care Holding As entered into an agreement to acquire Team Olivia Norge AS from Procuritas Capital Investors VI Holding AB, Pk Partners Ab, Byggmästare Anders J Ahlström Holding AB (publ) (OM:AJA B) and others for SEK 340 million on April 8, 2024. The purchase price is based on cash and debt free basis. The transaction is financed through SEK 236 million from existing cash and issue of 4 million new shares. In the year 2023, Team Olivia Norge reported revenues of SEK 913 million and with a reported operating profit of SEK 47.3 million. The transaction is subject to approval by Norwegian competition authority. The transaction is expected to complete during the second quarter of 2024. As of April 30, 2024, Humana has received approval for the acquisition from the Norwegian competition authority Konkurransetilsynet. The transaction is expected to be completed and consolidated in Humana?s accounts from June 3, 2024. Per Thurezon, Rickard Blomdahl and Zeki Algan of Skandinaviska Enskilda Banken AB (publ) (OM:SEB A) and PricewaterhouseCoopers AS, Investment Banking Arm acted as financial advisor, Wikborg Rein & Co. and Advokatfirman Vinge KB acted as legal advisor and PricewaterhouseCoopers AS, Investment Banking Arm acted as due diligence provider to Humana Group.

Human Care Holding As completed the acquisition of Team Olivia Norge AS from Procuritas Capital Investors VI Holding AB, Pk Partners Ab, Byggmästare Anders J Ahlström Holding AB (publ) (OM:AJA B) and others on June 3, 2024.