Spanish healthcare company Grifols is to create 140 jobs in Dublin as part of a $100 million investment.

The company, which is a Barcelona-based producer of blood plasma solutions, is opening a new centre for its bioscience division at Grange Castle Business Park in south Dublin. The 22,000 metre site facility, which will house operating activities including the warehousing of plasma, product labelling, and administrative and commercial activities, is expected to come on stream early next year.

The investment is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.

The Ibex-listed company, which was established in 1940, reported sales of €3.3 billion last year. It employs approximately 14,000 people worldwide. The group’s bioscience division generated sales of €2.5 billion in 2014, equivalent to 75 per cent of group revenue.