Galderma to acquire Blackstone-owned ZO Skin Health for $1.5 billion
BX Blackstone Inc
$109.98 -4.18%
View chart & analysis → - 1Galderma has agreed to acquire Blackstone-owned ZO Skin Health at an enterprise value of $1.5 billion in cash.
- 2ZO Skin Health recorded net sales of approximately $330 million for the 12 months ending June 2026.
- 3Galderma CEO Flemming Ørnskov saw a significant opportunity to reignite growth through investments in innovation and commercial reach.
So what's the key point?
Galderma has decided to buy ZO Skin Health, which is owned by Blackstone, for $1.5 billion. This acquisition provides Galderma with an opportunity to restart its growth.
Source Investing.com +1 · View original ↗
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