Home Health Products Johnson & Johnson Consumer to acquire Zarbee's, a natural health care products company

Johnson & Johnson Consumer to acquire Zarbee's, a natural health care products company

2 min read
0
25

Skillman-based Johnson & Johnson Consumer Inc. announced Monday it has agreed to acquire Zarbee’s Inc., a natural health care products company.

The acquisition, Johnson & Johnson said, will include Zarbee’s full line of Naturals products.

“Zarbee’s is a values-driven company that was founded on and has achieved significant growth by meeting the evolving health needs of today’s families,” said Katie Devine, global president, OTC franchise, Johnson & Johnson Consumer. “As a global OTC leader, Johnson & Johnson Consumer shares in this vision and is committed to providing innovative healthcare solutions that satisfy the preferences of consumers.”

“Through Zarbee’s Naturals™, we are excited to bring a more comprehensive set of products to consumers within our core need states,” said Kathy Widmer, president, U.S. OTC, Johnson & Johnson Consumer. “The Zarbee’s team has achieved tremendous success in the marketplace and we are excited to be a part of their future growth. Upon closing of the transaction, we look forward to working closely with the Zarbee’s team as they join the Johnson & Johnson Consumer family.”

Zarbee’s Naturals was founded in 2008. Its first product was a honey-based kids’ cough syrup made with vitamin C and zinc, and free of alcohol, drugs and artificial flavors.

Financial terms of the deal were not disclosed. The transaction is expected to close in the third quarter of 2018.

Let’s block ads! (Why?)


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Dem senator demands public intelligence assessment on Khashoggi killing

A Democratic senator is calling on the U.S. intelligence community to issue a public asses…