M&A Deal Summary

Harbin Pharmaceutical Group Acquires GNC

On September 1, 2020, Harbin Pharmaceutical Group acquired retailer GNC for 770M USD

Acquisition Highlights
  • This is Harbin Pharmaceutical Group’s 2nd transaction in the Retail sector.
  • This is Harbin Pharmaceutical Group’s largest (disclosed) transaction.
  • This is Harbin Pharmaceutical Group’s 2nd transaction in the United States.
  • This is Harbin Pharmaceutical Group’s 2nd transaction in Pennsylvania.

M&A Deal Summary
Date 2020-09-01
Target GNC
Sector Retail
Buyer(s) Harbin Pharmaceutical Group
Deal Type Special Situations/Distressed
Deal Value 770M USD

Target

GNC

Pittsburgh, Pennsylvania, United States
GNC is the largest global specialty retailer of health and wellness products, with 4,200 retail locations in the United States and franchise operations in 48 international markets. GNC products include vitamins, minerals, and other wellness products. GNC was established in 1935 and is based in Pittsburgh, Pennsylvania.

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Buyer(S) 1

Buyer

Harbin Pharmaceutical Group

Harbin, China
Category Company
Sector Life Science
DESCRIPTION

Harbin Pharmaceutical Group is a domestic pharmaceutical company. The Company is a large-scale and efficient manufacturer and distributor of generic antibiotics drugs. Harbin Pharmaceutical Group is based in Harbin, China.

DEAL STATS #
Overall 2 of 2
Sector (Retail) 2 of 2
Type (Special Situations/Distressed) 1 of 1
State (Pennsylvania) 2 of 2
Country (United States) 2 of 2
Year (2020) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-01 GNC

Pittsburgh, Pennsylvania, United States

GNC is the largest global specialty retailer of health and wellness products, with 4,200 retail locations in the United States and franchise operations in 48 international markets. GNC products include vitamins, minerals, and other wellness products. GNC was established in 1935 and is based in Pittsburgh, Pennsylvania.

Sell -
Mergr

Product

Company

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