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Medtech

Essity Expands in North America with Edgewell's Women's Health Acquisition

Summary generated with AI, editor-reviewed
Heartspace News Desk
Source: Medtech Magazine, Medtech Magazine
medtech related image for: Essity Expands in North America with Edgewell's Women's Health Acquisition

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TL;DR

Essity is acquiring Edgewell Personal Care's women's health business for $1 billion, which includes the Carefree, Stayfree, and o.b. brands in the U.S., the Playtex brand globally, and a Delaware production facility. The deal brings 500 employees to Essity and strengthens the company's position in the North American hygiene and health market.

Key takeaways

  • Essity is set to acquire Edgewell Personal Care's women's health business in a billion-dollar transaction, according to Medtech Magazine
  • The acquisition encompasses Edgewell's U
  • operations, including its 500 employees, and provides Essity with established brands such as Carefree, Stayfree, and o
Essity is set to acquire Edgewell Personal Care's women's health business in a billion-dollar transaction, according to Medtech Magazine. The acquisition encompasses Edgewell's U.S. operations, including its 500 employees, and provides Essity with established brands such as Carefree, Stayfree, and o.b. in the North American market. Additionally, Essity will gain global rights to the Playtex brand. The purchase also includes a production facility located in Dover, Delaware, significantly strengthening Essity's presence in the North American hygiene and health sector.

Related Topics

EssityEdgewell Personal CareAcquisitionWomen's HealthNorth AmericaHygieneManufacturing

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