Karo Healthcare strengthens its portfolio of skin health brands in Northern Europe
This planned transaction marks another major milestone in Karo's growth journey and is a testament to the company's commitment to expanding its portfolio of brands and to building strong omnichannel market positions in European consumer healthcare. It is a complementary fit within Karo's skin health category and supports the company's ambition to provide superior consumer solutions, supported by healthcare professional endorsement and scientific credibility.
Karo will be acquiring an established business that includes the ACO (including Cosmica, Canoderm, Cliniderm, and Miniderm), Biodermal, Emolium, and Iwostin brands — each with strong brand heritage, high consumer trust, and a solid scientific foundation. The portfolio spans products across Face, Body, and Sun care categories, as well as medicated skin health brands.
In addition to the brands, the transaction also includes a dedicated organisation with proven capabilities across a number of important areas, which will contribute to Karo's future-proofed operating model and its long-term commitment to the skin health category. The transaction also deepens Karo's presence in its core Northern European markets. Moreover, it provides an attractive platform for establishing a presence in
"This will be a major transformational step forward in our strategy of becoming a multi-channel European leader in consumer healthcare. It brings a portfolio of attractive, science-backed, and trusted skin health brands to Karo, which have strong consumer positions and healthcare specialist endorsement in key markets. Following completion, we look forward to welcoming talented employees to Karo, adding critical capabilities that will support the continued strengthening and long-term development of our company," said
"We are confident Karo is the ideal strategic partner for Perrigo's Dermacosmetics business and its portfolio of trusted skin health brands. The strong foundation provided by Karo's leading Nordics consumer healthcare platform and KKR's deep experience in successful corporate carveouts, will position these businesses, brands and employees to thrive and deliver long-term success for partners and consumers," said
This previously announced transaction is subject to customary closing conditions and regulatory approvals. It is expected to close in the first quarter of 2026.
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About
About KKR
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of
About Perrigo
Perrigo Company plc is a leading pure-play self-care company with over a century of experience in providing high-quality health and wellness solutions to consumers primarily in
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