October 16, 2012 - Assignment

Stamina HOT Helse announces public offer for Avonova

Stamina HOT Helse AS (formerly Hjelp24 AS) has, through a wholly-owned subsidiary, made a public cash offer to shareholders of Avonova Sverige AB (publ). The offer values the shares in Avonova to approximately SEK 194 million. The transaction is subject to approval by the relevant competition authorities.

Avonova is a leading private operator and supplier within the healthcare sectors occupational healthcare, primary care and leadership support. The company has a turnover of approximately SEK 340 million and the number of employees is approximately 300. The Avonova share is listed on AktieTorget.

Stamina HOT Helse is the largest operator within occupational health care in Norway and has a presence on the Swedish occupational health market through its subsidiary AB S:t Erikshälsan. Stamina HOT Helse has a turnover of approximately SEK 700 million and has approximately 700 employees.

Avonova is advised by Mannheimer Swartling in connection with the offer. The firm’s team includes Ragnar Lindqvist, Emma Sandberg Thomsen and Lisa Fennhagen. Jens Agö is advising on competition law issues.