Remo Stoffel and Manuela Stoffel acquired 8.25% stake in Galenica Ltd. from Sprint Investments 2 GmbH for approximately CHF 590 million on December 14, 2016. Remo Stoffel and Manuela Stoffel acquired total of 0.53 million shares in the transaction. KKR & Co LP reduced its stake in Galenica through the sale of equity stake from its investment vehicle Sprint Investments. Remo Stoffel and Manuela Stoffel completed the acquisition of 8.25% stake in Galenica Ltd. from Sprint Investments 2 GmbH on December 14, 2016.