Apotek Hjärtat to divest its care and nursing business to ApoEx


Apotek Hjärtat, a wholly owned subsidiary of ICA Gruppen, has signed an
agreement with ApoEx to sell its care and nursing business (Vård och omsorg) for
SEK 62 milllion on a debt-free basis. The purchase sum after transaction-related
costs is in line with the book value.
Vård och omsorg is a business area of Apotek Hjärtat that provides
pharmaceuticals and related services to the healthcare sector in several regions
and county councils as well as to a number of private healthcare providers. The
business area currently has agreements with eight of the 21 county
councils/regions in Sweden. The business area also includes Apovet, with a
strong position in the Swedish market for veterinary medicines.

The buyer, ApoEx, is Sweden’s largest privately owned supplier of
pharmaceuticals to the healthcare sector and is active in the same areas.

“As part of ICA Gruppen, it is logical for Apotek Hjärtat to refine its pharmacy
business towards the outpatient care market. By the same token, I am convinced
that ApoEx will be a focused owner that continues to develop the business in the
right direction,” comments Anders Nyberg, CEO of Apotek Hjärtat.

Apotek Hjärtat’s Vård och omsorg business area had sales of approximately SEK
830 million in 2014. The divestment is expected to have only a marginal effect
on Apotek Hjärtat’s operating profit.

The deal is contingent upon approvals from the Competition Authority and the
Medical Products Agency, and is expected to be completed during the fourth
quarter of 2015.


For more information
ICA Gruppen press service, telephone number: +46 10 422 52 52

ICA Gruppen AB discloses the information provided herein pursuant to the
Securities Market Act and/or the Financial Instruments Trading Act. The
information was submitted for publication at 07.45 CET on Thursday, 2nd July
2015.


ICA Gruppen AB (publ) is a leading retail company with a focus on food and
health. The Group includes ICA Sweden and Rimi Baltic, which mainly conduct
grocery retail, ICA Real Estate, which owns and manages properties, ICA Bank,
which offers financial services, and Apotek Hjärtat, which conducts pharmacy
operations. The Group also includes the wholly owned portfolio company inkClub
and the partly owned portfolio company Hemtex. For more information see
icagruppen.se (http://www.icagruppen.se/).

Attachments

07019266.pdf