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Nordic Capital posts millions of euros in Leo Pharma – gets owner's share at under 25 percent

The private equity firm Nordic Capital posts EUR 450m in Leo Pharma and gets an owner's share of under 25 percent in the company. The money will go towards supporting the firm's 2030 strategy, while the notion of getting listed is on the table as a possible exit strategy for Nordic Capital in the long term.

Leo Foundation CEO Jesper Mailind | Photo: Leo Fondet / PR
BY CHRISTOPHER DUE KARLSSON, TRANSLATED BY NIELSINE NIELSEN

After having been the sole owner of Leo Pharma for 35 years, the Leo Foundation now invites one of the Nordics' largest capital funds, Nordic Capital, into the owner group of Denmark's oldest pharmaceutical company.

This comes with an EUR 450m (USD 534.8m) investment from the Nordic private equity firm which will be put towards supporting Leo Pharma's 2030 strategy. This strategy was made public last year, and its goal is to make the firm a world-spanning leader in medical dermatology.

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