Hims & Hers to acquire Zava, a European telehealth platform
From CNBC: 2025-06-03 13:24:00
Hims & Hers Health announced the acquisition of European telehealth platform Zava to expand globally. The deal is set to close by mid-year, with details to be disclosed in financial disclosures. The acquisition will expand services to Ireland, France, and Germany, adding 1.3 million customers to Hims’ existing base of 2.4 million subscribers.
Hims first expanded to the UK in 2021 when it acquired Honest Health. Zava CEO David Meinertz noted that the deal will alleviate strain on the European healthcare system by providing more affordable medications. The EU’s statutory healthcare system varies in access and coverage but generally provides comprehensive coverage to citizens and residents.
After the acquisition, Zava platforms will maintain their branding before being rebranded as Hims & Hers. Meinertz will become a general manager of the international business. Despite macroeconomic uncertainty, Hims & Hers CEO Andrew Dudum is confident in pushing forward, noting the consumer advantages of pharmaceutical pricing in Europe compared to the US.
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