GALE Galenica AG

Galenica increases shareholding in Redcare Pharmacy to 10%

Galenica AG / Key word(s): Investment
Galenica increases shareholding in Redcare Pharmacy to 10%

22.07.2024 / 18:11 CET/CEST

Press release

Today, Galenica notified the Dutch Authority for the Financial Markets (AFM) of its 10% stake in Redcare Pharmacy N.V.

As part of the strategic partnership between Galenica and Redcare Pharmacy through the establishment of the joint venture Mediservice, Galenica has held a 7.9% stake in Redcare Pharmacy since May 2023. By increasing its participation, Galenica is strengthening its cooperation with Redcare Pharmacy, which has developed positively since the partnership was established. Galenica believes in the successful further development of Europe’s leading online pharmacy and intends to maintain its investment in Redcare Pharmacy in the long term. By increasing its stake to more than 10%, Galenica will be able to benefit from tax-free dividends and capital gains in the future. There are no plans to further increase the investment.

Dates for the diary

6 August 2024 Publication of Galenica Group half-year results 2024
24 October 2024 Galenica Group sales update
23 January 2025 Publication 2024 sales of the Galenica Group

 

For further information, please contact:

 

Media Relations:
E-Mail:
Tel. 7		 Investor Relations:
E-Mail:
Tel. 1

Welcome to the Galenica network!
Our ambition is to meet the needs of patients and customers in the Swiss healthcare market in a seamless, efficient and personalised way. To achieve this, we operate the Galenica network with over 20 Business Units, the strongest partners in the Swiss healthcare market. We offer fully integrated solutions both for customers and patients as well as for pharmacies, drugstores, medical practices, hospitals, retirement and nursing homes, home care providers, wholesalers, pharmaceutical companies, health insurance funds and other partners.
Galenica is listed on the Swiss Stock Exchange (SIX Swiss Exchange, GALE, security number 36,067,446). Additional information concerning Galenica can be found at .


End of Media Release
Language: English
Company: Galenica AG
Untermattweg 8
3027 Bern
Switzerland
Phone: 11
E-mail:
Internet:
ISIN: CH0360674466
Listed: SIX Swiss Exchange
EQS News ID: 1951159

 
End of News EQS News Service

1951159  22.07.2024 CET/CEST

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EN
22/07/2024

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