Who owns Hexal?
Hexal is owned by Sandoz (Switzerland, SIX: SDZ), which has owned the brand since 2005.[1][2]
Evidence: Sandoz Group AG Integrated Annual Report 2025. Last checked .
Key facts
- Current owner
- Sandoz Group AG reported
- Owned since
- Owner HQ
- 🇨🇭 Switzerland, Basel
- Origin
- 🇩🇪 Germany, Holzkirchen
- Category
- Healthcare & pharma › Drug makers › Generics & biosimilars
- Parent ticker
- SIX: SDZ
- Last verified
- · 2 sources
About Hexal
Hexal is a German generics brand. Novartis bought the privately held Hexal AG from the Strüngmann family in 2005 and folded it into its Sandoz division, and its 20-F says Sandoz moved its headquarters to Holzkirchen, Hexal's home. HEXAL AG of Holzkirchen remains a wholly owned Sandoz subsidiary in the 2025 annual report.
Ownership timeline of Hexal
Where Hexal sits in Sandoz
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Sandoz ownership tree →
See the full Sandoz brand portfolio (14) →
Other brands owned by Sandoz
Sandoz controls 14 brands on Brandtree, 14 of them in healthcare & pharma.
Also in healthcare & pharma
Other brands in generics & biosimilars, and who owns them
Sandoz has more brands in generics & biosimilars on Brandtree than any other owner: 14 of 18.
| Brand | Owner | Owner based in |
|---|---|---|
| Amneal | Amneal | 🇺🇸 United States |
| Nise | Dr. Reddy's | 🇮🇳 India |
| AvKARE | Amneal | 🇺🇸 United States |
| Omez | Dr. Reddy's | 🇮🇳 India |
About the owner: Sandoz
Sandoz is a publicly listed company headquartered in Basel, Switzerland, founded in 1886. Brandtree records 14 brands under its control, and it is listed as SIX: SDZ.
Sandoz is a Basel generics and biosimilars company that traces itself to the business Alfred Kern and Edouard Sandoz founded 140 years before 2026. Sandoz and Ciba-Geigy merged into Novartis in 1996; Sandoz was later re-established as Novartis's generics and biosimilars arm and was spun off on 4 October 2023, when its shares began trading on the SIX Swiss Exchange. Its 2025 net sales were USD 11,086 million, of which biosimilars were 30%.
🇩🇪 Hexal and other German brands
Brandtree records a controlling owner for 252 brands that began in Germany. 93 of them (37%) are now controlled by a company headquartered in another country, Hexal among them.
- 3 Glocken — Princes Group 🇬🇧
- A. Lange & Söhne — Richemont 🇨🇭
- ABOUT YOU — Zalando 🇩🇪
- ADS-TEC Energy — ADS-TEC Energy 🇮🇪
- AEG — Electrolux 🇸🇪
- ALCINA — Dr. Wolff Group 🇩🇪
Frequently asked questions
Who is the parent company of Hexal?
The parent company of Hexal is Sandoz, a publicly listed company headquartered in Switzerland.
Is Hexal German or Swiss?
Hexal originated in Germany, but it is owned today by Sandoz, which is headquartered in Switzerland. So Hexal is a German-origin brand under Swiss ownership.
Since when has Sandoz owned Hexal?
Sandoz has owned Hexal since 2005.
Is Hexal still owned by Sandoz?
Yes. As of 21 October 2026, Hexal is still owned by Sandoz. The ownership record was last checked against primary sources on that date.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Sandoz Group AG Integrated Annual Report 2025 — Sandoz Group AG, Annual report; retrieved 21 October 2026.
- [2] Novartis AG Annual Report on Form 20-F filed 2005-01-28 — SEC EDGAR, SEC Form 20-F, published 28 January 2005; retrieved 23 October 2026.
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