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Vinge advises Humana in its acquisition of Team Olivia Norge AS

May 17, 2024 Capital Markets and Public M&A

Humana Group ("Humana") strengthens its offering of high-quality care services in Norway as Human Care Holding AS ("Humana Norway") has entered into an agreement to acquire Team Olivia Norge AS for a purchase price of million SEK 341 on a cash- and debt-free basis.

The acquisition is partially financed through an issue in kind of 4 million shares to the sellers. The acquisition is expected to contribute to a reduced operational risk through a more diversified customer base and broader geographical exposure.

The Transaction is subject to approval by the Norwegian competition authority and is expected to be completed during the second quarter of 2024. Humana’s shares are admitted to trading on Nasdaq Stockholm, Mid Cap.

Vinge’s team mainly consists of Linnéa Sellström, Anna Svensson and Maximilian Bengtsson (Capital Markets and Public M&A).

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