Humble Group AB (publ) (OM:HUMBLE) entered into conditional agreement to acquire Privab Grossisterna AB on January 16, 2023. In a related party transaction, Humble Group AB entered into agreements to acquire ktiebolaget Cool & Candy, Skövde Snabbgross AB and together with Privab Marketing and Privab Ystad. The transactions will be financed partly with cash and partly with newly issued shares in Humble. Closing of the Transactions is subject to the Swedish Competition Authority's approval and other customary conditions. The shares will be issued at the closing price prior to the closing, which is expected to take place no later than 60 days after approval. Rämsell Advokatbyrå AB has been the legal advisor to Humble in connection with the Transactions.

Humble Group AB (publ) (OM:HUMBLE) completed the acquisition of Privab Grossisterna AB on March 15, 2023.