Acquiring Company
Kimberly-Clark
Acquired Company
Kenvue
IrvingSummitManufacturingHealth CareMedicalHealth CareDescription
Australia has approved Kimberly-Clark's $40 billion takeover of Kenvue, conditional on divesting Kenvue's Carefree and Stayfree brands. The deal aims to enhance Kimberly-Clark's portfolio with popular brands like Listerine. The Australian Competition and Consumer Commission emphasized the need for divestiture to maintain competition in period care products.
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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 September 2, 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 September 2, 2026. Australia has approved Kimberly-Clark's $40 billion takeover of Kenvue, conditional on divesting Kenvue's Carefree and Stayfree brands. The deal aims to enhance Kimberly-Clark's portfolio with popular brands like Listerine. 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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