Bausch Health Mergers and Acquisitions Summary

Life ScienceCompany

Bausch Health has acquired 40 companies, including 2 in the last 5 years. A total of 13 acquisitions came from private equity firms. It has also divested 10 assets.

Bausch Health’s largest acquisition to date was in 2015, when it acquired Salix Pharmaceuticals for $14.5B. It’s largest disclosed sale occurred in 2017, when it sold iNova Pharmaceuticals Pty to Pacific Equity Partners for $930M. Bausch Health has acquired in 10 different US states, and 11 countries. The Company’s most targeted sectors include life science (60%) and consumer products (18%).

Join Mergr and gain access to Bausch Health’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the life science sector.

M&A Summary

  • M&A Total Activity45
    • M&A Buy Activity35
    • M&A Sell Activity10
  • Total Sectors Invested 4
  • Total Countries Invested 11
  • M&A Buy/Sell Connections 34
  • M&A Advisors 17

Bausch Health

Bausch Health Companies, Inc.

2150 St. Elzéar Boulevard West,
Laval, Quebec H7L 4A8
Canada,
(514) 744-6792
www.bauschhealth.com

Bausch Health is a multinational specialty pharmaceutical company that develops, manufactures and markets a broad range of pharmaceutical products primarily in the areas of dermatology, neurology, and branded generics. Bausch Health is based in Laval, Quebec.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (0.4/yr) # 33 1 1 - - - 35
vol $32.6B $195M $32.8B
Sell (0.2/yr) # 9 - - 1 - - 10
vol $2.0B $740M $2.7B
  45

Most Recent M&A

Company Date Value Type
Amoun Pharmaceutical Company S.A.E. 2021-03-31 740M USD Divestiture
Cairo, Egypt · www.amoun.com
Allegro Ophthalmics LLC - Ophthalmology Assets 2020-09-21 - Divestiture
San Juan Capistrano, California
Synergy Pharmaceuticals, Inc. - Certain Assets 2019-02-26 195M USD Divestiture
New York, New York
Obagi Medical Products, Inc. 2017-11-10 190M USD Divestiture
Long Beach, California · www.obagi.com
iNova Pharmaceuticals (Australia) Pty Ltd. 2017-06-08 930M USD Divestiture
Chatswood, Australia · www.inovapharma.com
CeraVe 2017-01-10 - Divestiture
Bridgewater, New Jersey · www.cerave.com
Acnefree 2017-01-10 - Divestiture
Bridgewater, New Jersey · www.acnefree.com
Valeant Pharmaceuticals - AMBI Skincare 2017-01-10 - Divestiture
Bridgewater, New Jersey
Dendreon Pharmaceuticals, Inc. 2017-01-09 820M USD Divestiture
Seattle, Washington · www.dendreon.com
Synergetics USA, Inc. 2015-10-15 - Add-on Acquisition
O’Fallon, Montana · www.synergeticsusa.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Bausch & Lomb, Inc. 2013-05-27 Xiidra 2023-06-30 3
Rochester, New York · www.bausch.com Basel, Switzerland · www.xiidra.com
Bausch & Lomb, Inc. 2013-05-27 Acufocus, Inc. 2023-01-17 2
Rochester, New York · www.bausch.com Irvine, California · www.acufocus.com
Bausch & Lomb, Inc. 2013-05-27 Allegro Ophthalmics LLC - Ophthalmology Assets 2020-09-21 1
Rochester, New York · www.bausch.com San Juan Capistrano, California
Synergetics USA, Inc. 2015-10-15 Synergetics USA, Inc. - Neuro Portfolio 2016-02-10 1
O’Fallon, Montana · www.synergeticsusa.com O’Fallon, Montana

M&A by Sector

Sector Buy # Value Sell # Value
Life Science 21 (60%) 21.8B (66%) 3 (30%) 1.7B (64%)
Consumer Products 6 (17%) 782M (2%) 5 (50%) 190M (7%)
Medical Products 6 (17%) 10.2B (31%) 1 (10%) 740M (27%)
Healthcare Services 2 (6%) 20M (< 1%) - -
Technology Hardware - - 1 (10%) 49M (2%)
Total 35 $32.8B 10 $2.7B

By Geo

State/Country Buy Value Sell Value
United States 22 30.6B 7 1.1B
  California 6 1.3B 2 239M
  New Jersey 5 1.1B 3 -
  New York 3 8.9B - -
  North Carolina 2 15.5B - -
  Washington 1 400M 1 820M
  Rhode Island 1 475M - -
  Pennsylvania 1 312M - -
  Montana 1 - - -
  Florida 1 28M - -
  Arizona 1 2.6B - -
Australia 2 498M 1 930M
Canada 3 9M - -
  Ontario 2 9M - -
  Quebec 1 - - -
Egypt 1 800M 1 740M
Austria 1 - - -
Brazil 1 41M - -
India - - 1 -
Lithuania 1 - - -
Mexico 1 - - -
Russia 1 163M - -
Switzerland 1 394M - -
United Kingdom 1 300M - -
Domestic 3 (9%) 9M (< 1%) - -
Cross-border 32 (91%) 32.8B (100%) 10 (100%) 2.7B (100%)
Total 35 $32.8B 10 $2.7B

Top M&A Advisors

Financial Deals
Morgan Stanley
2
Goldman Sachs
2
Centerview Partners
1
Legal Deals
Skadden, Arps, Slate, Meagher & Flom LLP
6
Sullivan & Cromwell
3
Wachtell, Lipton, Rosen & Katz LLP
2

Deal Values

buy # Total
> $1B 4 $26.8B
$100M to $1B 16 $5.8B
< $100M 7 $215M
TOTAL $32.8B
Largest Salix Pharmaceuticals Ltd.
$14.5B (2015-02-22)
sell # Total
$100M to $1B 4 $2.7B
< $100M 1 $49M
TOTAL $2.7B
Largest iNova Pharmaceuticals (Australia) Pty Ltd.
$930M (2017-06-08)

M&A Connections

Deals
Acquired from
Investor(s)
23%
8 (23%)
Strategic(s)
29%
10 (29%)
Divested to
Investor(s)
30%
3 (30%)
Strategic(s)
70%
7 (70%)

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