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Hims & Hers Announces Plans to Acquire ZAVA, Accelerating Major European Growth Across the UK, Germany, France, and Ireland

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Hims & Hers Announces Plans to Acquire ZAVA, Accelerating Major European Growth Across the UK, Germany, France, and Ireland
News

News

Hims & Hers Announces Plans to Acquire ZAVA, Accelerating Major European Growth Across the UK, Germany, France, and Ireland

2025-06-03 19:15 Last Updated At:19:21

SAN FRANCISCO--(BUSINESS WIRE)--Jun 3, 2025--

Hims & Hers Health, Inc. (NYSE: HIMS), the leading health and wellness platform, today announced a significant step in its global expansion through its agreement to acquire ZAVA, a leading digital health platform in Europe. This strategic move will expand Hims & Hers' footprint in the United Kingdom and will officially launch the company into Germany, France, and Ireland, with more markets anticipated soon. This acquisition is expected to accelerate Hims & Hers' vision to deliver the same seamless, personalized care experience it has successfully built in the U.S. to millions more people globally. Hims & Hers will establish its own branded presence, leveraging the robust ZAVA platform, in each of these European markets in the coming quarters.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250603806947/en/

By combining ZAVA’s trusted European operations, medical rigor, and seamless digital experience with Hims & Hers’ proven, trusted brand, the company is poised to become a leader in digital health globally, delivering access to personalized care that meets people where they are. This strategic acquisition will significantly strengthen Hims & Hers' international footprint. Serving more than 1.3 million active customers, ZAVA’s in-house medical team delivered nearly 2.3 million consultations in 2024 across the UK, Germany, France, and Ireland.

Hims & Hers will soon introduce a new, personalized dimension of digital health in Europe, providing individuals with access to care tailored to their specific needs and goals across dermatology, weight loss, sexual health and mental health. To ensure a world-class and localized experience, this expansion will include access to British, German, and French healthcare providers in local languages. While Hims & Hers will share more about the offerings and their rollout in the coming months, they expect the deal to be accretive by 2026.

“The demand for simpler, more personalized healthcare is universal,” said Andrew Dudum, founder and CEO of Hims & Hers. “By leveraging ZAVA's established European presence, cutting-edge technology, and deep customer understanding, we're poised to fundamentally transform access to care for millions across Europe. Whether in rural towns, vibrant cities, or remote communities across Europe, people battling widespread, often silent chronic conditions like obesity, depression, and more will have access to the personalized, high-quality care they deserve.”

“Wherever you live, the need is the same: healthcare that’s personal, trustworthy and fast. By joining forces with Hims & Hers, we can put that standard within reach of millions more people across Europe,” said David Meinertz, co-founder and CEO of ZAVA. “Together we’ll pair ZAVA’s trusted clinical services, established footprint, and deep understanding of the European healthcare landscape with the Hims & Hers experience to make affordable access to high-quality, personalized care the rule, not the exception. I’m thrilled to be working with Andrew and his team. It’s still day one for digital healthcare, and I can’t wait to see what we’ll achieve for patients in the years ahead.”

The acquisition consideration will be comprised of 100% cash, to be funded from the company's balance sheet at closing. The acquisition is expected to close in the second half of 2025, and Hims & Hers expects to continue expanding globally as demand for personalized healthcare continues to grow.

For more information, please see news.hims.com.

About Hims & Hers Health, Inc

Hims & Hers is the leading health and wellness platform on a mission to help the world feel great through the power of better health. We believe how you feel in your body and mind transforms how you show up in life. That’s why we’re building a future where nothing stands in the way of harnessing this power. Hims & Hers normalizes health & wellness challenges—and innovates on their solutions—to make feeling happy and healthy easy to achieve. No two people are the same, so the company provides access to personalized care designed for results. For more information, please visit www.hims.com and www.forhers.com.

About ZAVA

ZAVA is a leading digital health platform in Europe, on a mission to make high-quality, dependable healthcare accessible and affordable. Serving more than 1.3 million active customers, ZAVA’s in-house medical team delivered nearly 2.3 million consultations in 2024 across the UK, Germany, France and Ireland - putting compassionate, clinically-robust healthcare in people’s hands 24/7. Rated “outstanding” for leadership by the UK Care Quality Commission, ZAVA combines medical rigour with a friction-free digital experience. ZAVA’s comprehensive service portfolio spans weight management, women’s and men’s health, sexual health, general medicine and skin & hair care - helping people tackle both everyday and sensitive conditions quickly, discreetly and safely.

Cautionary Note Regarding Forward-Looking Statements

Except for historical information, certain statements in this press release, including statements regarding the timing and effects of entering into the acquisition described above, our future performance, anticipated customer demand, the ability to scale our business, the solutions accessible on our platform, and the underlying assumptions with respect to the foregoing, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, and are subject to risks, uncertainties and assumptions about Hims & Hers and its business. Future developments affecting us may not be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) and other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, risks and uncertainties related to market conditions, our legal and regulatory environment, macroeconomic and geopolitical factors, and those factors described in the “Risk Factors” section of each of our most recently filed Quarterly Report on Form 10-Q, our most recently filed Annual Report on Form 10-K, and any of our subsequent filings with the Securities and Exchange Commission (the “Commission”). Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation (and expressly disclaim any obligation) to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. These risks and others described in the “Risk Factors” section of each of our most recently filed Quarterly Report on Form 10-Q, our most recently filed Annual Report on Form 10-K, and any of our subsequent filings with the Commission may not be exhaustive.

This strategic move will expand Hims & Hers' footprint in the United Kingdom and will officially launch the company into Germany, France, and Ireland, with more markets anticipated soon.

This strategic move will expand Hims & Hers' footprint in the United Kingdom and will officially launch the company into Germany, France, and Ireland, with more markets anticipated soon.

CAIRO (AP) — Iranians began to regain internet access on Wednesday after authorities ended a monthslong shutdown. But users said service was slow and spotty in some areas, with apps like YouTube and Instagram heavily restricted, as they were before the cutoff began during nationwide protests in January.

Authorities justified the outage as a military imperative after the United States and Israel attacked Iran on Feb. 28. Their decision to lift some restrictions this week came as negotiators appeared to be closing in on a more permanent truce. But many Iranians feared access could be cut off again at a moment's notice.

Internet tracking company Netblocks said Iran’s connectivity, which measures the ability of devices to connect to the internet, is at around 86% of capacity from before the cutoff. Internet analysis firm Kentik said internet traffic, which measures the amount of data transferred and is a good illustration of usage, was at around 40%.

Amir Rashidi, an Iranian cybersecurity analyst, said there were still widespread disruptions. “It's too early to say the shutdown is over,” he wrote on X.

Iran’s roughly 90 million people have been cut off from the internet for most of 2026, one of the world’s longest and strictest national shutdowns. Young people with online careers saw their incomes evaporate. Job losses and the closure of online businesses added to the war's steep economic costs.

The cutoff made it difficult for Iranian families to communicate through months of unrest and war. At some points, phone lines were also cut off, though they were later restored.

A woman living in Tehran said that for months she was barely able to speak to her sons living abroad. She couldn't believe authorities had restored access, saying she had assumed they would find some justification to prolong the outage.

A taxi driver said service was restored but weak. He expressed hope it would improve so he could use messaging apps with family and friends. Both spoke on condition of anonymity for security reasons.

Prices spiked during the shutdown, with residents in Tehran at times paying around $7.50 per gigabyte. Prices are back down to around $2.25 for 30 gigabytes, roughly where they were before the protests.

Even then, Iran tightly controlled access to popular social media sites, leading many to rely on virtual private networks, or VPNs. The cost of those workarounds soared during the shutdown, making them unaffordable for many as the economy was battered.

Businesses have started reappearing online, announcing their return with posts on sites like Instagram and Telegram.

A gamer and tech influencer in the central city of Isfahan said the shutdown had caused him to lose a lot of his audience on YouTube and Instagram, where he had spent years building up a large following.

“All my views and interactions are way down. I’ve been erased from the algorithm,” he said in a voice note sent by WhatsApp, adding that his internet connection was still slower than before the shutdown.

“The situation is such that many content producers have had their income reduced to zero, have moved on to other jobs, or have been forced to sell their equipment to survive,” he said. He spoke on condition of anonymity for fear of reprisal.

Iranian authorities first shut down the internet in January during mass anti-government protests that were eventually stamped out in a violent crackdown. Thousands of people were killed and tens of thousands detained.

That cutoff was just starting to ease when the government imposed a complete internet blackout after the start of the war, when U.S. and Israeli strikes killed Iran's supreme leader and other top officials.

The government faced criticism for the prolonged shutdown, which caused even more harm to an economy devastated by inflation, strikes on key industries and a U.S. blockade on Iranian ports.

The internet cutoff cost an estimated $30-40 million daily, with indirect losses likely twice that much, a member of Iran’s Chamber of Commerce, Afshin Kolahi, told a local newspaper last month. About 10 million people have jobs that depend on internet connectivity, according to Communications Minister Sattar Hashemi.

Iranians still had access to a national net, but that has a far narrower reach, and users complained of poor service and heavy censorship. Senior government officials are given SIM cards granting them access to the global internet. Under pressure, the government expanded access to the SIM cards to some professions during the shutdown.

A woman checks her smartphone while sitting on a bench along a sidewalk in northern Tehran, Iran, Tuesday, May 26, 2026. (AP Photo/Vahid Salemi)

A woman checks her smartphone while sitting on a bench along a sidewalk in northern Tehran, Iran, Tuesday, May 26, 2026. (AP Photo/Vahid Salemi)

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