Almirall owners buy stake in Lonza
Antonio and Jorge Gallardo, brothers who are the principal shareholders in the leading Spanish pharmaceutical group Almirall, have acquired an 8.7% stake in the Swiss biopharmaceutical company Lonza, which specializes in synthesis and contract manufacturing of treatments for infectious and cardiovascular diseases, as well as nutritional products. Its custom manufacturing organization has nine production facilities on three continents.
The price paid is understood to be above 330.0 million euros ($522.8 million) and the deal makes the Gallardos the second largest shareholders in Lonza after the Franklin Templeton investment fund which holds 9.6%.
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