Private equity firm EQT has now divested its final shares in the Swiss beauty group Galderma. The Swedish private equity firm, together with the Abu Dhabi Investment Authority and Auba Investment, sold just over 14 percent of the shares in the company for the equivalent of 58 billion SEK on Tuesday evening.

According to EQT, this is the largest so-called block transaction ever executed by a private equity firm.

"Many people wonder if it is possible to make exits when we have invested in large companies, but Galderma is a textbook example that it is indeed possible," says Magnus Tornling, Head of Equity Capital Markets at EQT, to Dagens industri.

EQT acquired Galderma from Nestlé in the autumn of 2019 and listed the company on the stock exchange in the spring of 2024. Since then, the share price has nearly tripled. EQT, along with the consortium which has gradually reduced its ownership in recent years, has made approximately four times its money on the investment, according to information provided to Dagens industri.