Humana expands into Denmark through acquisition

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Humana AB acquires StøtteCompagniet ApS, a small company that provides specialised outpatient care services in the individual and family care segment in Denmark. Through the acquisition, Humana takes its first step into the Danish care market.

Humana and StøtteCompagniet have been cooperating for several years and have a common view of corporate culture, quality and what direction the business should take going forward. The acquisition establishes Humana in the Danish care market, providing an opportunity to follow this interesting market closely.

“We are very pleased to be able to add StøtteCompagniet’s impressive operations to the Humana Group. As the leading provider of individual and family care in the Nordic region, this is also a great way for us to get to know the Danish care market. The market is growing, and given recent regulatory changes, we see this as a very interesting Nordic market that we want to be part of,” says Rasmus Nerman, President and CEO of Humana.

“After the many collaborations between us, this is an exciting next step for StøtteCompagniet. We are very much looking forward to contributing our expertise to Humana while having the opportunity to grow in a group with Nordic colleagues,” says Hanne Veje, founder of StøtteCompagniet.

StøtteCompagniet, which has around 60 employees, provides specialised outpatient care services under its own management to municipalities, primarily in the Copenhagen region. The company also provides training and consulting in social services. Humana’s acquisition of StøtteCompagniet will not affect operating activities. Revenues in 2017 amounted to approximately SEK 20 million.

Humana has entered an agreement to acquire all the shares in StøtteCompagniet from the company’s founder. The transaction and transfer of the business are effective immediately. Operations in Denmark will be part of Humana’s Other Nordics business area.

For more information, please contact:
Ulf Bonnevier, CFO, +46 (0)70-164 73 17, ulf.bonnevier@humana.se
Cecilia Lannebo, Head of Investor Relations, +46 (0)72-220 82 77, cecilia.lannebo@humana.se

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 some 15,000 employees in Sweden, Norway and Finland providing care for over 7,000 individuals and working to achieve the vision “Everyone is entitled to a good life”. In 2017, Humana’s operating revenue was SEK 6,557 M. Humana is listed on Nasdaq Stockholm since 2016 and company’s headquarters are located in Stockholm. Read more about Humana on: www.humana.se or http://corporate.humana.se

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