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The Abelló family

1949: Juan Abelló Pascual established Laboratorios Abelló,
a multiproduct pharma company.

1965: His son, Juan Abelló Gallo started working in
the family business.

1983: Disposal of Laboratorios Abelló to Merck.

1984: Increased stake in Antibióticos, another historical
portfolio company.

1987: Disposal of Antibióticos and other family pharma assets (i.e. Alergia
e Inmunología Abelló) to Montedison.

1987: Acquisition of a relevant position in Banesto (today
Santander). Juan Abelló Gallo appointed Vice-Chairman. Position sold in 1989.

1990: Foundation of Torreal.

From 1990 to 2005, Torreal acted, mainly in Spain, as leading
investor or local partner for foreign families or international players.

Since 2005, Torreal started its international diversification.
Currently, the majority of its portfolio is outside of Spain.