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KKR Expands Health & Beauty Portfolio With Deal For Sweden’s Karo

 
• By Tom Gallen

Consumer health player Karo is changing hands from EQT to KKR in a deal thought to value the Stockholm-based firm at over €2.5bn.

Private equity
• Source: Shutterstock

Karo Healthcare will soon have new private-equity owners after EQT agreed a deal to sell the Stockholm, Sweden-based consumer health player to KKR. While financial details were not disclosed, the transaction values Karo at more than €2.5bn ($2.8bn), according to media reports.

With distribution in more than 90 countries, and claiming “top brand positions” across European markets, Karo’s portfolio spans consumer health categories including skin and intimate health, dietary supplements, digestive health and foot health

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