Orifarm Group Announces Strategic Investment from Carlyle Global Credit

Orifarm is a dynamic, family-owned, international healthcare company, supplying high quality pharmaceuticals at affordable prices through a unique commercial platform covering three business areas: Pharma Trade, Specialty Rx and Consumer Healthcare. Orifarm was founded in 1994 by Hans and Birgitte Bøgh-Sørensen and will remain privately owned by the family following this transaction.

This strategic investment will look to strengthen Orifarm’s ongoing expansion, both organic and inorganic, building on its strong pan-European presence, and expand its coverage of accessible, high-quality, and affordable medicines.

Hans Bøgh-Sørensen, Chairman and founder of Orifarm, commented: “Since founding Orifarm over 30 years ago, the drive for continuous growth and development has been the cornerstone of our success. As a family and multi-generational owner, it is essential that Orifarm retains the financial flexibility to continue pursuing its growth ambitions while delivering on its purpose of supplying affordable medicines and remaining true to its heritage and the Orifarm way of doing business. We are delighted to partner with Carlyle’s credit business to support the next chapter of Orifarm’s growth.”

Erik Sandberg, CEO of Orifarm Group, said: “This strategic investment will significantly enhance our ability to capitalise on the attractive opportunities, both organic and inorganic, that we positioned Orifarm for following the transformational asset deal with Takeda in 2020. We are confident that this marks the start of an exciting future for the business, our employees, and other stakeholders.”

Nicola Falcinelli, Deputy Head of European Private Credit at Carlyle, said: “We are delighted to support Orifarm, a multi-generational founder-owned business with a dedicated focus on product quality, affordability and accessibility. This transaction underlines our ability to provide tailored capital solutions to established, family-owned businesses in order to accelerate their growth trajectory.”

The terms of the transaction are confidential. Rothschild & Co acted as the sole financial advisor to Orifarm and owners, Habico, together with the owners’ dedicated family office, Habico Invest. Kromann Reumert was legal advisor to Orifarm and Habico.

About Orifarm

Orifarm is a dynamic, family-owned, international healthcare company, supplying high quality pharmaceuticals at affordable prices through a unique commercial platform covering three business areas: Pharma Trade, Specialty Rx and Consumer Healthcare. Orifarm was founded in 1994 by Hans and Birgitte Bøgh-Sørensen.

Orifarm Group, headquartered in Odense, Denmark, is Europe's largest parallel importer of pharmaceuticals and Denmark's largest supplier of pharmaceuticals. It is one of the largest Danish pharmaceutical companies with 2,300 employees in 16 countries and with an annual turnover of more than €1.5 billion.

More information can be found at www.orifarm.com.

About Carlyle

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With $435 billion of assets under management as of June 30, 2024, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs more than 2,200 people in 29 offices across four continents. Further information is available at www.carlyle.com. Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group.