From Yahoo Finance: 2025-06-03 11:03:00

Hims & Hers Health (HIMS) acquires London-based digital health platform ZAVA, expanding into Europe. The deal increases the company’s reach in the U.K. and marks its entry into Germany, France, and Ireland. Founder Andrew Dudum sees the acquisition as a way to transform access to care for millions across Europe.

The all-cash deal’s price remains undisclosed. Hims & Hers plans to introduce a new personalized dimension of digital health in Europe, offering tailored care in dermatology, weight loss, sexual health, and mental health. The acquisition, paid from the company’s balance sheet, is expected to close in the second half of the year and be accretive by next year.

Shares of Hims & Hers rose 3% following the announcement and have surged around 130% this year. The company anticipates expanding into more markets soon, leveraging ZAVA’s established European presence and technology to provide individuals with specialized care.

Read more: Hims & Hers Expands in Europe With Acquisition of ZAVA