Apotek Hjärtat’s sale of care and nursing business to ApoEx completed


Apotek Hjärtat, a wholly owned subsidiary of ICA Gruppen, has now completed the
sale of its care and nursing business (Vård och omsorg). The buyer is ApoEx,
which is active in the same areas. The purchase sum of SEK 62 million is in line
with the book value after transaction-related costs.
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 also includes Apovet, with a strong position in the Swedish market
for veterinary medicines.

Both the Swedish Competition Authority and the Swedish Medical Products Agency
have previously granted approval of the sale of the care and nursing business.
Today the purchase is formally completed. The buyer, ApoEx, is Sweden’s largest
privately owned supplier of pharmaceuticals to the healthcare sector and is
active in the same areas. As a result of the sale, Apotek Hjärtat will refine
its pharmacy business towards the outpatient care market.

The 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. Tony Rydberg, who was responsible for the Vård- och
omsorg business area, will join ApoEx and thereby leave Apotek Hjärtat, where he
was a member of the management group.

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

ICA Gruppen 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 14:00 CET on Monday, 2 November, 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 portfolio companies inkClub and Hemtex.
For more information see icagruppen.se

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