EQT, together with ADIA and Auba, successfully complete the sale of 7.1% of Galderma’s share capital via an accelerated bookbuilding process

29 July 2025

Sunshine SwissCo GmbH (a consortium led by EQT), together with Abu Dhabi Investment Authority and Auba Investment Pte. Ltd., have successfully placed 17,000,000 shares in Galderma Group AG at a price of CHF 123.00 per share via an accelerated bookbuilding process. The placement raised CHF 2.1 billion in total.

Niederer Kraft Frey represented the banking syndicate in the transaction, consisting of BNP PARIBAS, Citigroup, Goldman Sachs, Jefferies, Morgan Stanley and UBS.

The NKF team was led by Capital Markets partner Deirdre Ni Annrachain, working together with associate Manuel Hirlinger (Capital Markets).