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Galderma to buy ZO Skin Health for about $1.5 billion

Original: EXCLUSIVE: Galderma agrees to buy ZO Skin Health for around $1.5 billion, sources say

Swiss dermatology group Galderma has agreed to acquire ZO Skin Health, the skincare brand founded by celebrity dermatologist Zein Obagi, in a deal worth around $1.5 billion, sources told Reuters. The acquisition would expand Galderma's consumer skincare portfolio alongside its injectables and dermatology treatments. Details on timing and regulatory approval have not yet been officially confirmed by either company.

Why now: News of a major multi-billion-dollar acquisition in the fast-growing skincare and aesthetics market is drawing attention from investors and industry watchers.

GaldermaZO Skin HealthReutersZein Obagi

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• EXCLUSIVE: Galderma agrees to buy ZO Skin Health for around $1.5 billion, sources say · Reuters

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