Grifols Announces the Completion of its Acquisition of Talecris Biotherapeutics and the Listing of its ADSs on NASDAQ
BARCELONA, Spain, June 3, 2011 /PRNewswire/ -- Grifols, S.A. (NASDAQ: GRFS) ("Grifols") a global healthcare company and biopharmaceutical manufacturer based in Barcelona, Spain today announced that on June 1, 2011, Grifols completed its acquisition of Talecris Biotherapeutics Holdings Corp. ("Talecris"). In partial consideration for their shares, Talecris shareholders received Grifols non-voting shares that trade in the U.S. as Grifols ADSs. These new Grifols ADSs are listed on the NASDAQ Stock Exchange under the symbol "GRFS."
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About Grifols
Grifols is a Spanish holding company specialized in the pharmaceutical-hospital sector and is present in more than 90 countries. Since 2006, the company has been listed on the Spanish Stock Exchange ("Mercado Continuo") and is part of the Ibex-35 since 2008. After the recent purchase of Talecris, it is now the third company worldwide in the hemoderivative sector, with a balanced and diversified range of products. In upcoming years, the company will strengthen its leadership in the industry as a vertically integrated company, thanks to the ongoing investment plans. In terms of raw materials, Grifols is the world leader in plasma collection. Almost 150 plasmapheresis centers in the United States ensure plasma supply. In terms of fractionation, its several plants in Spain and the United States will allow the company to respond to the growing market demand. Grifols' sustained growth will be supported by a strong presence in the United States, Canada and Europe, where upcoming sales will represent 53%, 7% and 26%, respectively.
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SOURCE Grifols