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Galderma

Galderma S.A.
Company typePublic
SIXGALD
Industry
FoundedIn 1961 in Texas [1]
HeadquartersZug, Switzerland
Key people
RevenueIncrease US$4.08 billion (2023)[2]
Owner
Number of employees
6,500 (2024)[2]
Websitegalderma.com

Galderma SA is a Swiss domiciled pharmaceutical company specializing in dermatological treatments and skin care products. Formerly a subsidiary of L'Oréal and Nestlé, it had been held by a consortium of private institutional investors since 2019, until IPO in 2024.

Galderma was formed in 1981 as a joint venture between Nestlé and L'Oréal, then it became a subsidiary of Nestlé.[3] Since 2019, it belongs to an investment fund. The company, headed by president and CEO Flemming Ørnskov (ex-Shire), has 33 sites in 100 countries[4] with a worldwide network of distributors and employs more than 4,600 people. The headquarters is based in Zug, Switzerland.

  1. ^ https://www.galderma.com/us/news/galderma-global-leader-skin-health-expands-its-fort-worth-footprint
  2. ^ a b Weil, Jennifer (22 March 2024). "Galderma's Shares Soar on Stock Market Debut". Women's Wear Daily. ISSN 0043-7581.
  3. ^ Nestlé
  4. ^ "Manufacturing". Galderma. Retrieved 1 April 2021.

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