Humana completes the acquisition of Coronaria Hoiva and strengthens its position as a leading care provider in Finland
Humana has completed the acquisition of Finnish Coronaria Hoiva. Through the acquisition Humana becomes one of the largest care providers in Finland.After the Finnish Competition and Consumer Authority, KKV, approved the acquisition of Coronaria Hoiva Oy (see press releases as of April 8, 2019, and January 28, 2019), Humana AB has acquired all shares in Coronaria Hoiva Oy. Coronaria Hoiva was valued at EUR 71 million (enterprise value) and the transaction was financed through cash and new credit facilities. Since before Humana’s Finnish operations includes the subsidiary Arjessa Oy.