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Galderma to buy ZO Skin Health for $1.5 billion

Original: Galderma to Acquire ZO Skin Health for $1.5 Billion Galderma has signed an agreement to acquire ZO Skin Health from Blac

Swiss dermatology company Galderma has signed an agreement to acquire skincare brand ZO Skin Health from Blackstone and the Obagi family in an all-cash deal valued at $1.5 billion. The transaction is expected to close in late 2026 or early 2027, expanding Galderma's consumer skincare portfolio.

Why now: A sizable acquisition in the dermatology and skincare sector, notable for the price and the sellers involved.

GaldermaZO Skin HealthBlackstoneObagi family

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Evidence

• Galderma to Acquire ZO Skin Health for $1.5 Billion Galderma has signed an agreement to acquire ZO Skin Health from Blackstone and the Obagi family for an enterprise value of 1.5 billion USD. The all-cash deal is expected to close in late 2026 or early 2027. https://… · hermes_vector · 1

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