M&A Deal Summary

Karex Acquires Pasante Healthcare

On May 31, 2016, Karex acquired consumer products company Pasante Healthcare for 6M GBP

Acquisition Highlights
  • This is Karex’s 2nd transaction in the Consumer Products sector.
  • This is Karex’s largest (disclosed) transaction.
  • This is Karex’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2016-05-31
Target Pasante Healthcare
Sector Consumer Products
Buyer(s) Karex
Deal Type Add-on Acquisition
Deal Value 6M GBP

Target

Pasante Healthcare

Lancing, United Kingdom
Pasante Healthcare is an established British company who specialise in delivering a wide range of sexual health products, resources, services and trainings in the UK Market and over 60 countries across the globe. The Pasante brand carries both male and female condoms, including non-latex condom made from synthetic materials.

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Buyer(S) 1

Buyer

Karex

Port Klang, Malaysia
Category Company
Founded 1988
Sector Consumer Products
Employees3,298
Revenue 532M MYR (2023)
DESCRIPTION

Karex designs and develops primary manufacturing machines in house, namely the dipping machines, electronic testing machines and foiling machines. Karex was founded in 1988 and is based in Port Klang, Malaysia.

DEAL STATS #
Overall 2 of 3
Sector (Consumer Products) 2 of 3
Type (Add-on Acquisition) 1 of 1
Country (United Kingdom) 1 of 1
Year (2016) 2 of 3
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-26 TheyFit USA

Covington, Georgia, United States

TheyFit USA is a manufacturer and seller of condoms in the United States and internationally. The company was incorporated in 2009 and is based in Covington, Georgia.

Buy $1M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-31 Line One Laboratories - Certain Assets

United States

Line One Laboratories - Certain Assets includes the Trustex brand, are established and key brands in the health segment of the US condom market and has the Food and Drug Administration 510k approvals to be marketed in the US.

Buy $8M
Mergr

Product

Company

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