HUMBLE ACQUIRES SOLENT AND MERGES SALES NETWORK – A LEADING INTERNATIONAL SUPPLIER OF HEALTHY FOODS AND PERSONAL CARE PRODUCTS
Humble Group AB (publ) (“Humble”) has signed a binding agreement with the owners of Solent Global Limited (“Solent” or the “Company”) regarding the acquisition of all shares in the Company (the “Transaction”). The total purchase price amounts to maximum SEK 1,384.8 million*, with a fixed purchase price of SEK 968.4 million (the “Purchase Price”), a deferred compensation of 91.1 million SEK and earn-outs of up to SEK 325.3 million, based on the future EBITDA results of the Company. SEK 802.8 million of the Purchase Price will be paid in cash and the remaining SEK 165.6 million will be paid