Acquiring Company
Kimberly-Clark
Acquired Company
Kenvue
Description
Kimberly-Clark has received clearance to acquire Kenvue, subject to the divestment of Kenvue's feminine hygiene business in New Zealand and Australia. This acquisition, valued at US$48.7 billion, aims to enhance Kimberly-Clark's market position. The Commerce Commission emphasized the need for divestment to address competition concerns. The deal is expected to generate approximately US$32 billion in annual revenue for the combined entity.
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Based on deal dataFrequently asked
Who acquired Kenvue?
Kenvue was acquired by Kimberly-Clark, based in Irving. The deal was reported on August 24, 2026. Kimberly-Clark Corp is an Irving-based consumer products giant with a portfolio of well-known brands such as Huggies, Kleenex, Scott, Kotex, and others. Kimberly-Clark is publicly traded (KMB) and operates in Manufacturing.
When did Kimberly-Clark acquire Kenvue?
Kimberly-Clark's acquisition of Kenvue was reported on August 24, 2026. Kimberly-Clark has received clearance to acquire Kenvue, subject to the divestment of Kenvue's feminine hygiene business in New Zealand and Australia. This acquisition, valued at US$48.7 billion, aims to enhance Kimberly-Clark's market position. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Kenvue do?
Kenvue is a consumer health spinoff of Johnson & Johnson, specializing in global corporate affairs and a portfolio of brands including Band-Aid, Listerine, Tylenol, and Neutrogena. It is publicly traded (KVUE), operating in Health Care, and is based in Summit.
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