Sweden: ADDvise to acquire Diabetic Supplies in the US

ADDvise Group has signed a Letter of Intent to acquire all shares in Diabetic Supplies for a total of US$15.8m, divided into an initial payment of US$10.3m, and two potential earn-outs of up to US$5.5m. Earn-outs are linked to Diabetic Supplies reaching an EBITDA of US$3.1m during the 12 months after completion of the acquisition…