HUMBLE ACQUIRES WELLIBITES – TAKES A LEADING POSITION IN HEALTHY SWEETS
Humble Group AB (publ) (“Humble”) has entered into a binding agreement with the owner of Wellibites AB (“Wellibites” or the “Company”) regarding the acquisition of all the shares in the Company. Wellibites is a fast-growing company and leading brand within sugar-free and vitamin-enriched sweets. Since the launch, the company has experienced strong growth with good profitability and is forecasting a net income of SEK 21.1 million and an EBITDA of SEK 5.1 million for the coming 12 months.“We are very excited to welcome Sara and her company Wellibites to Humble Group. The acquisition is