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Prestige Acquires 17 Glaxo OTC Brands, Enters Analgesics Market

 
• By Carolyn B. Phenicie

Prestige Brands acquires GlaxoSmithKline’s BC and Goody’s analgesic brands as part of $660 million deal for 17 North American OTC lines, also including Beano gas treatment, FiberChoice supplement and Sominex sleep aid.

Prestige Brands Holdings Inc. continues its OTC buying spree and enters the analgesics market with the purchase of 17 GlaxoSmithKline Inc.consumer product brands marketed in North America.

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