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Spanish pharma Grifols buys plasma assets from Green Cross for $460 million

Reuters
·1-min read
FILE PHOTO: The logo of Grifols is seen during the 2018 shareholders meeting in their headquarters in Sant Cugat del Valles

MADRID (Reuters) - Spanish pharmaceutical company Grifols said on Monday it agreed to buy plasma assets in North America from South Korea's Green Cross for $460 million (366.94 million pounds).

Grifols will buy a plasma fractionation plant in Canada and two purification facilities and 11 plasma collection centres in the United States, the company said in a statement.

The Barcelona-based firm will need no new financing to carry out the acquisition, it said.

Grifols is one of the world's top producers of treatments based on human plasma.

(Reporting by Inti Landauro; editing by Jason Neely)