HUMBLE DIVEST BAYN PRODUCTION AS PART OF STREAMLINING THE MANUFACTURING BUSINESS IN SWEDEN AND STRENGTHENING OPERATING RESULTS
Humble Group AB (publ) ("Humble") has entered into a binding agreement with Kopper's Chocolate, LLC. regarding the sale of all shares in Bayn Production AB (the "Company"), formerly Koppers Candy Sweden AB (the "Transaction"). The Company is being divested as part of Humble's long-term strategy to streamline the Swedish manufacturing business, which, among other things, means an increased focus on the most efficient and profitable production units within the group.A number of assets such as recipes (including sugar substitutes) and technologies are excluded from the Transaction, which