Humble Group AB (publ) (OM:HUMBLE) signed a binding agreement to acquire Go Superfoods Ltd for SEK 208 million on April 8, 2022. Of the Purchase Price, approximately SEK 169.4 million will be paid out in cash and approximately SEK 40.0 million in the form of 2,031,881 shares in Humble. An earn out corresponding to a portion of the Company's EBITDA results during the period 2021, 2022 and 2023 may be paid out provided that certain budget targets are met. The Purchase Price is financed by issuing consideration shares and Humble's existing cash. The completion of the Transaction will take place no later than 60 days from signing of the agreement. Harry and his team have built a leading superfoods business. Rämsell Advokatbyrå AB and Shoosmiths LLP acted as legal advisors to Humble. Tom Hall, Arshnoor Amershi and Humera Patel of Pannone Corporate LLP acted as a legal advisor, while Tom Johnson and David Kandola of Carbon Corporate Finance Limited acted as a financial advisor to Go superfoods. Knight Transaction Services acted as financial advisor to the Humble.

Humble Group AB (publ) (OM:HUMBLE) completed the acquisition of Go Superfoods Ltd on May 17, 2022.