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  5. Foundation Consumer Healthcare Acquires GSK Consumer Healthcare - seven brands

M&A Deal Summary

Foundation Consumer Healthcare Acquires GSK Consumer Healthcare - seven brands

On July 16, 2020, Foundation Consumer Healthcare acquired medical products company GSK Consumer Healthcare - seven brands from GSK

Acquisition Highlights
  • This is Foundation Consumer Healthcare’s 1st transaction in the Medical Products sector.
  • This is Foundation Consumer Healthcare’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2020-07-16
Target GSK Consumer Healthcare - seven brands
Sector Medical Products
Buyer(s) Foundation Consumer Healthcare
Sellers(s) GSK
Deal Type Divestiture

Target

GSK Consumer Healthcare - seven brands

Brentford, United Kingdom
GSK Consumer Healthcare's seven brands portfolio of products includes Breathe Right Nasal Strips and Children’s Dimetapp, pharmacist-recommended brand for children's cough and cold products, as well as Anbesol, Alavert, Dristan, Primatene Tablets and FiberCon. The addition of these brands will expand Foundation’s marketing presence to an additional 32 markets globally.

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Buyer(S) 1

Buyer

Foundation Consumer Healthcare

Pittsburgh, Pennsylvania, United States
Category Company
Founded 2014
Sector Medical Products
DESCRIPTION

Foundation Consumer Healthcare is dedicated to improving consumers’ lives by developing and growing a portfolio of differentiated over-the-counter (OTC) products. Foundation Consumer Healthcare was founded in 2014 and is based in Pittsburgh, Pennsylvania.

DEAL STATS #
Overall 2 of 2
Sector: Medical Products M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
Country: United Kingdom M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-18 Plan B One-Step

Petach Tikva, Israel

Plan B One-Step comprises of value brands of emergency contraception, Take Action, Aftera, and Next Choice One Dose.

Buy $675M

Seller(S) 1

SELLER

GSK

Brentford, United Kingdom
Category Company
Founded 1715
Sector Life Science
Employees68,629
Revenue 31.4B GBP (2024)
DESCRIPTION
Entrance to a GlaxoSmithKline facility in Morristown, New Jersey.
Entrance to a GlaxoSmithKline facility in Morristown, New Jersey.

GSK is a multinational pharmaceutical, biologics, vaccines and consumer healthcare company. GSK was founded in 1715 and is based in Brentford, United Kingdom.

DEAL STATS #
Overall 22 of 24
Sector: Medical Products M&A 2 of 2
Type: Divestiture M&A Deals 21 of 23
Country: United Kingdom M&A 12 of 13
Year: 2020 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-01 GlaxoSmithKline Consumer Healthcare

Gurugram, India

GlaxoSmithKline Consumer Healthcare Ltd. is a consumer healthcare company that provides brands like Sensodyne, Eno, Crocin, and Otrivin. GlaxoSmithKline Consumer Healthcare is based in Gurugram, India.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-20 GlaxoSmithKline - The Clinical Laboratory Science

Marburg, Germany

GlaxoSmithKline plc - The Clinical Laboratory Science consisting of approximately 80 scientists and analysts support the development of the future vaccine.

Sell -
Mergr

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