Humble Group AB Acquires LEV Group (Portugal)

June 9, 2024

Swedish food-tech and FMCG company Humble Group AB (publ) has acquired Portuguese healthy foods and dietary supplements producer LEV Group. The deal values LEV at approximately SEK 163.2 million (cash and shares), includes potential EBITDA-based earn-outs, and is intended to broaden Humble's product range and expand its geographic presence into Portugal, Spain and France.

Buyers
Humble Group AB (publ)
Targets
LEV Group
Industry
Food & Beverage
Location
Portugal
Transaction Type
Buyout

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