HUMBLE ACQUIRES TRUE GUM - A EUROPEAN FOODTECH COMPANY WITHIN CHEWING GUMS, MINTS AND THROAT DROPS
Humble Group AB (publ) ("Humble") has signed a binding agreement with the owners of Group 472 ApS ("True Gum" or the “Company”), regarding the acquisition of all shares in the Company and its subsidiaries (the "Transaction"). The total purchase price amounts to a maximum of SEK 352.4 million* of which SEK 237.2 million is a fixed purchase price (the “Purchase Price”), SEK 31.6 million is deferred compensation and up to SEK 83.6 million are earn-outs based on the Company’s future EBITDA results for the accounting years 2022-2024. Of the Purchase Price, SEK 155.7 million will be paid out in