Prestige to Buy Breathe Right in 1.05 Billion Dollar Deal
Prestige Consumer Healthcare will buy the Breathe Right brand from Foundation Consumer Healthcare. The deal announced on Friday is valued at $1.045 billion.
The United States-based consumer health products maker Prestige Consumer Healthcare Inc. announced on Friday its intention to acquire the Breathe Right brand. The transaction, which includes various other assets from Foundation Consumer Healthcare, is valued at approximately $1.045 billion. This acquisition marks a significant expansion for the company's portfolio of over-the-counter healthcare brands. Breathe Right, widely known for its nasal strips designed to improve breathing and reduce snoring, will join the existing lineup of products managed by the firm. The deal underscores a continued trend of consolidation within the consumer health sector as companies seek to bolster their market presence through established household names.
