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Corporate Business Development

Vice President: Mr. Alberto Manouach

The role of the Company's Corporate Business Development function is to identify, assess and develop new businesses in Greece and abroad. Covering an extensive range of health and beauty sectors, this function leads the new product development process, develops collaborations with international and local companies, directs merger and acquisition activities, and oversees the establishment of new business units, companies and joint ventures.

The Company’s international expansion and the establishment of companies in France, Turkey, Italy and the USA are outcomes of business development programs that were identified in the past. Today, the Company is actively exploring various strategic initiatives in the international arena, including acquisitions and the establishment of new ventures in selected markets. Recently, a new joint venture company was established in Hong Kong.

To improve proximity, efficiency and overall profitability of international operations, the Company's strategy entailed the establishment of foreign subsidiaries and offices in key markets. Through its subsidiaries and joint ventures, the Company currently enjoys a direct presence in several key markets:

Foltene Labs S.p.A. (Como, Italy)

Subsidiary specializing in the manufacturing and distribution of specialized products against hair loss and related product categories.

Larus Pharma S.R.L. (Milan, Italy)

Subsidiary specializing in the manufacturing and distribution of specialized mosquito repellents and various other OTC products. Natural Pharma S.A., based in Switzerland, is the parent company of Larus Pharma S.R.L.

GENESIS Ilac. (Istanbul, Turkey)

Subsidiary engaged in the marketing of pharmaceutical and OTC products in Turkey.

Genesis Labs Ltd. (Hong Kong)
A joint venture with a Chinese company which is prominent in the dermatological therapeutic category in China.

Gerolymatos Inc. (New York, USA)
A wholly owned subsidiary engaged in the marketing and distribution of the Company’s proprietary products in the USA. Concurrently, Gerolymatos Inc. also acts as a liaison office for cross-licensing of pharmaceutical products.

Laboratoire Aim / Group Gerolymatos (Chatelaudren France)

Subsidiary active in marketing and distribution of OTC products in France and French-speaking Africa. Palcrest Ltd, based in Cyprus is the parent company of Laboratoire Aim / Group Gerolymatos.

Ultimode Ltd
An associated company engaged in the marketing and distribution of Coty/Lancaster fragrances, Kanebo skin care products and La Prairie Cosmetics in the Balkans


Contact:
international@gerolymatos.gr
 

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