M&A Deal Summary

Taro Pharmaceutical Industries Acquires Alchemee

On February 22, 2022, Taro Pharmaceutical Industries acquired consumer products company Alchemee from Galderma

Acquisition Highlights
  • This is Taro Pharmaceutical Industries’ 1st transaction in the Consumer Products sector.
  • This is Taro Pharmaceutical Industries’ 1st transaction in the United States.
  • This is Taro Pharmaceutical Industries’ 1st transaction in California.

M&A Deal Summary

Date 2022-02-22
Target Alchemee
Sector Consumer Products
Buyer(s) Taro Pharmaceutical Industries
Sellers(s) Galderma
Deal Type Divestiture

Target

Alchemee

El Segundo, California, United States
Alchemee offers a mixture of science, expertise, and support that empowers customers with confidence. Through one-of-a-kind expert-designed formulas and positive guidance, the company provides solutions that are as effective as they are transformative. Alchemee is based in El Segundo, California.

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Buyer(S) 1

Buyer

Taro Pharmaceutical Industries

Haifa Bay, Israel

Category Company
Founded 1950
Sector Life Science
Employees1,455
Revenue 561M USD (2022)
DESCRIPTION

Taro Pharmaceutical Industries is a manufacturer and developer of generic drugs and pharmaceutical components. Taro Pharmaceutical Industries was founded in 1950 and is based in Haifa, Israel.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-23 Taro Pharmaceutical Industries - U.S. Rights to KEVEYIS

Trevose, Pennsylvania, United States

Taro Pharmaceutical Industries Ltd. - U.S. Rights to KEVEYIS (dichlorphenamide) is indicated for the treatment of primary hyperkalemic periodic paralysis, primary hypokalemic periodic paralysis, and related variants.

Sell $9M

Seller(S) 1

SELLER

Galderma

Zug, Switzerland

Category Company
Founded 1981
Sector Healthcare Services
Employees6,545
Revenue 2.8B CHF (2018)
DESCRIPTION

Galderma is a global skincare company offering medical and consumer skin health solutions through three business units; aesthetics and prescription and consumer health. Galderma was founded in 1981 and is based in Zug, Switzerland.


DEAL STATS #
Overall 2 of 2
Sector: Consumer Products M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-05 Galderma SA - Bubchen

Soest, Germany

Galderma SA - Bubchen is a recognized skincare brand in Germany, with trusted products designed for babies and kids.

Sell -