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Laboratorio Reig Jofre S.A.

  • BME:RJF

REIG JOFRE announces increase in Leanbio stake to 85% for 3.5 million euros

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At a glance

Company
Laboratorio Reig Jofre S.A.
Listings
BME:RJF
Announcement type
Merger or acquisition
Published
Source announcement
reigjofre.com
Key figures
Measure Figure Period
REIG JOFRE’s shareholding in LEANBIO, S.L. 85% Not stated
Total consideration 3.5 million euros Not stated
Investment 6.6 million euros 2024

Figures are quoted from this announcement and selected automatically.

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Announcement Summary

REIG JOFRE (BME:RJF) announces it has consolidated its stake in Leanbio and says the transaction expands its biological-medicine capabilities.

  • REIG JOFRE says its Leanbio stake moved from 47% to 85% through purchases from existing shareholders for 3.5 million euros.
  • The remaining 15% of Leanbio is held by the founding team and specialized investors.
  • Leanbio contributes capabilities for developing, characterizing and producing recombinant proteins, antibodies, plasmid DNA and RNA technologies.
  • A 2024 investment of 6.6 million euros funded a GMP-certified plant in Barcelona’s Sant Quirze del Vallès, around 4,000 m².
  • The company expects the plant to start operations in mid-2026 and employ more than one hundred professionals at full capacity.

The company says the integration covers research, design, process development, industrial production and scale-up phases for biological medicines.

Investor FAQs

REIG JOFRE announced that it had increased its stake in Leanbio, S.L. from 47% to 85% by acquiring equity interests from existing shareholders for a total consideration of 3.5 million euros. The remaining 15% is held by Leanbio’s founding team and specialised investors.

Source announcement

Company
Laboratorio Reig Jofre S.A.
Title
REIG JOFRE acquires Leanbio and strengthens its vertical integration in biotechnology
Published
Source site
reigjofre.com

Read the source announcement on reigjofre.com

FAQSIR's summary and investor FAQs are generated by AI from the text of this announcement alone, without information from other sources.

Figures, forecasts and other claims are the announcement's, not FAQSIR's. FAQSIR does not independently verify them.

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