Karo Healthcare acquires the Global OTC brand Lamisil® from Haleon
Karo Healthcare (‘Karo’) announces the acquisition of the rights to the Global OTC brand Lamisil® from Haleon UK Holdings Ltd. (‘Haleon’) for a total consideration of GBP 235m (EUR 274m) (‘Transaction’). The Transaction transfers ownership of Haleon's topical Lamisil business, which had net sales of EUR 65m in 2022, to Karo. The acquisition scales up Karo’s operations in major European markets as well as expands its presence in markets beyond the current geographical reach. Lamisil is a leading brand for the treatment of fungal infections like Athlete’s foot and is trusted by