The Pierre Fabre Foundation is the Group’s majority shareholder. Since the Foundation is dedicated first and foremost to its public-interest mission, it delegates supervision of Group management to its subsidiary, Pierre Fabre Participations.
This controlling company approves the Group’s strategy, appoints its main executives and ensures that the continuity mission set out by Mr. Pierre Fabre himself is observed:
Ensuring the Group’s independence
Maintaining both areas of activity (Pharmaceuticals and Dermo-Cosmetics)
Investing heavily in R&D
Prioritizing long-term goals rather than short-term financial results
Maintaining the Group’s footprint in its home region and its culture of corporate social responsibility
Enabling the Pierre Fabre Foundation to pursue its objectives through a suitable dividend payment policy
Pierre Fabre S.A. is the Group’s holding company. It establishes the Group’s overall strategy, consolidates and coordinates our activities and hosts shared services and support functions. Pierre Fabre Pharmaceuticals and Pierre Fabre Dermo-Cosmetics are the main subsidiaries of Pierre Fabre S.A., respectively in charge of the pharmaceutical and dermo-cosmetics businesses.
Additional Info
Address | 348 Rivonia Blvd, Edenburg, Sandton, 2128, South Africa |
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