M&AConsumerSIGNED
Galderma agrees to acquire ZO Skin Health for around $1.5 billion
Value
$1.5Bn
Acquirer
Galderma
Target
ZO Skin Health
Galderma has agreed to acquire ZO Skin Health for approximately $1.5 billion. ZO Skin Health was previously acquired by Blackstone through its tactical opportunities fund in 2020.
✦ Meridian Analysis
This is a signed acquisition where Galderma is the strategic buyer acquiring ZO Skin Health from financial sponsor Blackstone. The disclosed price is approximate, and the specific terms of the acquisition, including any earn-outs or debt financing, are not detailed. The exit strategy for Blackstone is implied by the sale, but the valuation metrics are not provided.
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