KKR has acquired Karo Healthcare for $3 billion, reflecting the growing significance of women's intimate wellness products in the consumer health market.
Information on the Target
Karo Healthcare is a pan-European consumer health company that specializes in women's intimate wellness products. Since its acquisition by EQT in 2019, Karo has evolved from a regional specialty-pharmaceutical operation into a prominent player in the consumer health sector. The company offers a range of products designed to address women's health concerns, particularly in the realm of intimate care, with leading treatments for conditions such as bacterial vaginosis (BV).
Karo's hero products meet a significant clinical need in a space that has traditionally been underserved. This focus on intimate health positions Karo to capitalize on the growing market demand for women's health solutions.
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Industry Overview in the Target’s Specific Country
The consumer health industry in Europe is experiencing dynamic growth, driven by increasing awareness and acceptance of women's health issues. As societal conversation
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KKR
invested in
Karo Healthcare
in 2025
in a Buyout deal
Disclosed details
Transaction Size: $3,000M
Enterprise Value: $2,500M
Equity Value: $2,500M