Katjes to buy dental care brands from Henkel
Katjes has announced the acquisition of Henkel’s oral care business, including the brand rights, through its subsidiary Bübchen Bodycare. The acquired brands generated net sales of more than €50 million in the last financial year and are expected to be profitable.
The acquisition concerns, among others, Theramed: 2in1 oral toothpaste in Germany, Vademecum organic toothpaste in France, Licor del Polo organic toothpaste in Spain and Antica Erboristeria herbal oral and hair care brand in Italy.
The transaction is expected to close today. The company will finance the acquisition partly through an acquisition loan.
Tobias Bachmüller, managing partner of Katjes International, said,
“After the acquisition of Bübchen from Nestlé/Galderma in 2020, we are delighted to acquire further strong brands in this area from a large and reliable partner like Henkel”.
Related news
L’Oréal acquires Korean skincare brand Dr.G
The deal is expected to close in the next few…
Read more >AM: From January 1, buyers must pay producers within 30 days
From January 1, buyers must pay producers within 30 days.…
Read more >We were learning together (Part 2)
Almost 1,100 “students” enrolled at the FMCG Open University, to…
Read more >Related news
KSH: the volume of construction production in November decreased by 1.7 percent compared to a year earlier and by 2.0 percent compared to the previous month
In November 2024, the volume of construction production fell by…
Read more >Samsung to showcase refrigerators with AI Hybrid Cooling technology at CES 2025
Samsung will be showcasing its latest refrigerators featuring AI Hybrid…
Read more >LG named to Dow Jones Sustainability World Index for 13th consecutive year
LG Electronics (LG) has been included in the Dow Jones…
Read more >