Current portfolio


A leading global skincare company

Focused on achieving superior, science-based outcomes for patients and consumers, Galderma is advancing dermatology for every skin story.

  • Sector
  • Country
  • Responsible Advisor
    Michael Bauer
  • Fund
  • Entry
  • Web

Private Capital



About Galderma
With its establishment in 1981 as a joint venture between L’Oréal and Nestlé following the invention of the first Cetaphil formulation over 75 years ago, Galderma has developed a strong consumer heritage and deep science foundation in dermatology. Through its 40-year history in dermatology, Galderma has dedicated its focus and passion to the human body’s largest organ – the skin – meeting individual consumer and patient needs with superior outcomes in partnership with healthcare professionals.

Galderma has since built a ‘self-care’ leadership profile fully dedicated to dermatology, which is the fastest-growing ‘self-care’ market, by scaling blockbuster platforms in neuromodulators as well as fillers and biostimulators within Injectable Aesthetics, in Dermatological Skincare, and in Therapeutic Dermatology. These are the most attractive segments of the dermatology market, with strong growth fundamentals, in which Galderma has a financial track record of delivering consistent and highly profitable above-market growth.

Deploying a proven integrated dermatology strategy tailored to consumer-driven purchasing decisions and the pivotal role of healthcare professionals, Galderma has a global integrated platform with presence in over 90 countries which is optimized for commercial synergies and platform efficiencies. Galderma benefits from competitive advantages and premium positioning by focusing on three strategic pillars leveraging: (1) the broadest portfolio with leading science and innovation; (2) global scale with omni-channel execution excellence; and (3) market-leading education and services.

Focused on achieving superior, science-based outcomes for patients and consumers, Galderma is advancing dermatology for every skin story. Also convinced that the health of everyone’s skin is a reflection of the world we live in, Galderma’s commitment to social and environmental sustainability is integral to the way the company operates.

Galderma’s first phase of growth, from becoming an independent company in 2019 to 2023, was focused on establishing an integrated dermatology platform to rapidly unlock strong growth momentum. Its next phase of growth from 2024 onwards will focus on executing an already proven strategy, to continue outgrowing the market with further incremental growth from differentiated biologic launches and to deliver attractive margin expansion in the medium term.

Board of directors

  • Chairperson
    Thomas Ebeling
  • Board member
    Michael Bauer
  • Board member
    Sheri McCoy
  • Board member
    Dan Browne
  • Board member
    Tessa Hilado
  • Board member
    Karen Ling
  • Board member
    Alexandre Levy
  • Board member
    Sebastian Shea


  • CEO
    Flemming Ornskov
  • CFO
    Thomas Dittrich
EQT logo