Impilo becomes new large shareholder of Humana

The Swedish investment company Impilo becomes new large shareholder in Humana following the acquisition of a large ownership stake in the Nordic care company.

Humana has been informed that Impilo, a Nordic based investment company focusing on the care and healthcare sector in the Nordic region, has reached an agreement to acquire circa 12.5% of the votes and capital in Humana from Humana’s largest shareholder Argan Capital, making Impilo the second largest shareholder in Humana, after Argan Capital. Through the transaction Argan Capital reduces its shareholdings in Humana from circa 39.2% to circa 26.7%.

- I’m very pleased to welcome Impilo as a new shareholder in Humana. The Impilo team has an expressed long term perspective in its investments and I look forward to working together and taking part of their experiences and knowledge of the industry, Rasmus Nerman, President and CEO, said.

- The care sector is central in creating a functioning welfare system in the Nordic region. Thanks to our exclusive focus on the healthcare sector and experience from developing growing companies, we believe we can support Humana over the long term in developing and establishing an even stronger platform for delivering these services with high quality and efficiency, Fredrik Strömholm, Partner at Impilo, said. 

- After more than ten years as the principal shareholder of Humana Argan Capital is pleased to welcome Impilo as a new large shareholder in the company. We are confident that Impilo will play an important role in supporting Humana through its next stage of development, Lloyd Perry, a Managing Partner at Argan Capital, said.

Argan Capital became the majority shareholder in Humana in 2008 and has supported the business through a more than six-fold increase in revenues over the past ten years.

Read more:
About Impilo, visit www.impilo.se
About Argan Capital, visit www.argancapital.com 

For more information, please contact:
Rasmus Nerman, President and CEO, +46 70 828 18 60, rasmus.nerman@humana.se
Anna Sönne, Head of Investor Relations, +46 70 601 48 53, anna.sonne@humana.se
Fredrik Strömholm, Partner Impilo, + 46 76 115 10 65, fredrik.stromholm@impilo.se
Lloyd Perry, Managing Partner Argan Capital, lperry@argancapital.com 

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, Finland and Denmark providing care for over 8,000 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 corporate.humana.se/en

Tags: