Humana : acquires Fideli Omsorg

Humana acquires the care company Fideli Omsorg AB. The acquisition strengthens Humana's operations in social psychiatry and care for people with disabilities and complements Humana's offering geographically. The payment is made in cash and own shares. Humana's Board has therefore, with the support of the authorisation of the Annual General Meeting on May 11, 2021 and with deviation from the shareholders' preferential rights, decided on the transfer of 769,200 own shares in Humana. 

Fideli Omsorg offers care services for adults. The services include ten housing units and one daily activity unit. The units are located in Småland and Stockholm and additional housing units will be started in 2021 and 2022. Fideli Omsorg's full-year revenues in 2020 amounted to approximately SEK 73 million and the company has 160 employees. 

"We are very happy that Fideli Omsorg is now part of Humana and that we get the opportunity to develop the operations further together. Fideli Omsorg offers high-quality operations in properties with a high standard and in geographical areas that complement Humana's operations within disability and social psychiatry. The company has a high level of competence, many years of experience and a passion for developing care operations for the future, just like us at Humana", says Johanna Rastad, Business Area Manager Individual & Family at Humana. 

"We feel great joy and comfort in joining Humana. It will give us even better conditions to offer additional modern housing services for people with varying needs. For us, Humana was the obvious choice as they share our view on how good and qualitative care should be conducted", says Jörgen Sommar, Chairman of the Board of Fideli Omsorg and co-owner of the company. 

Humana has entered into an agreement to acquire all the shares in Fideli Omsorg AB. The transfer, which takes place with immediate effect, makes the business a part of Humana's business area Individual & Family. 

Payment 

The purchase price is paid partly in cash and partly through the transfer of own Humana shares. The Board of Humana has therefore, with the support of the Annual General Meeting's authorisation on 11 May 2021 and with deviation from the shareholders' preferential rights, decided on the transfer of 769,200 own shares in Humana as part of the compensation for the acquisition of Fideli Omsorg AB. The price per Humana share has been set at SEK 65 on the basis of the volume-weighted average share price on 11 - 24 August 2021. The transfer of the shares in Humana will take place on 1 September 2021, in connection with the acquisition. 

Humana's holding of own shares before the acquisition of Fideli Omsorg AB amounted to 5,017,059. Following the transfer, Humana holds 4,247,859 own shares. The total number of shares in Humana amounts to 53,140,064 with the same number of votes. 

For more information, please contact: 

Johanna Rastad, Business Area Manager Individual & Family, [phone], 
[e-mail]
Noora Jayasekara, CFO, [phone], [e-mail]   
Anna Sönne, Head of Investor Relations, [phone], [e-mail]

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 16,000 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 2020, Humana's operating revenue was SEK 7,797m. Humana is listed on Nasdaq Stockholm and the company's headquarters are located in Stockholm. Read more about Humana on: https://www.humanagroup.com/

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