BARCELONA, Spain, May 2, 2011 /PRNewswire/ — Grifols, S.A.
(“Grifols”) and Talecris Biotherapeutics Holdings Corporation
(“Talecris”), announced today that they have signed a “Consent
Agreement” with the Staff of the Bureau of Competition of the US
Federal Trade Commission (FTC) by means of which the conditions for
the merger transaction between both companies are agreed. The
Consent Agreement is subject to approval of the FTC Commissioners,
who will be reviewing the matter.
To satisfy the Consent Agreement conditions, Grifols has signed
agreements for the sale of assets and entered into certain
commercial, lease and manufacturing agreements with the Italian
company Kedrion, for up to seven (7) years.
These agreements refer to four main areas:
- Kedrion and Grifols enter into a contract manufacturing
agreement to fractionate and purify Kedrion’s plasma to deliver
IVIG and Albumin under Kedrion’s private label, and Factor VIII
under the trade name Koate, all of them for sale only in the
- Grifols sells to Kedrion the Melville fractionation facility.
Grifols will manage the facility for up to a four-year period under
a lease agreement with Kedrion.
- Grifols sells to Kedrion the Talecris’ FVIII US business
- Grifols sells to Kedrion two Plasma Collection Centers.
Grifols states that neither the Consent Agreement nor the
agreements signed with Kedrion will affect the operating synergies
that Grifols expects to achieve at the combined company with the
Grifols is a Spanish holding company, specializing in the
hospital-pharmaceutical sector, and with a presence in over 90
countries. Since May 2006 it has been listed on the Spanish
Continuous Market, and it is included in the Ibex-35. Grifols is
the leading European plasma p