HUMBLE ACQUIRES SWECARB AND THE BRAND VITARGO
Humble Group AB (publ) (“Humble”) has entered into a binding agreement with the owners of Swecarb AB (“the Company) regarding the acquisition of all shares in the Company (”Transaction”). The Company is acquired at a valuation of approximately SEK 27,4 million on a cash and debt-free basis. The purchase price for the shares in the Company amounts to a fixed remuneration of SEK 30 million (the “Purchase Price”) and a fixed earn out of approximately SEK 3,6 million to be paid out in 2022. Earn outs may also be paid out based on future EBIT results for 2021 and 2022. Of the Purchase Price, SEK