The acquisition, Johnson & Johnson said, will include Zarbee’s full line of Naturals products.
“Zarbee’s is a values-driven company that was founded on and has achieved significant growth by meeting the evolving health needs of today’s families,” said Katie Devine, global president, OTC franchise, Johnson & Johnson Consumer. “As a global OTC leader, Johnson & Johnson Consumer shares in this vision and is committed to providing innovative healthcare solutions that satisfy the preferences of consumers.”
“Through Zarbee’s Naturals™, we are excited to bring a more comprehensive set of products to consumers within our core need states,” said Kathy Widmer, president, U.S. OTC, Johnson & Johnson Consumer. “The Zarbee’s team has achieved tremendous success in the marketplace and we are excited to be a part of their future growth. Upon closing of the transaction, we look forward to working closely with the Zarbee’s team as they join the Johnson & Johnson Consumer family.”
Zarbee’s Naturals was founded in 2008. Its first product was a honey-based kids’ cough syrup made with vitamin C and zinc, and free of alcohol, drugs and artificial flavors.
Financial terms of the deal were not disclosed. The transaction is expected to close in the third quarter of 2018.