{"id":33416,"date":"2025-11-03T18:28:12","date_gmt":"2025-11-03T18:28:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/33416\/"},"modified":"2025-11-03T18:28:12","modified_gmt":"2025-11-03T18:28:12","slug":"irving-based-kimberly-clark-buys-tylenol-maker-kenvue-in-48-7-billion-deal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/33416\/","title":{"rendered":"Irving-based Kimberly-Clark buys Tylenol maker Kenvue in $48.7 billion deal"},"content":{"rendered":"

Kimberly-Clark is making a big move with a nearly $50 billion deal. <\/p>\n

The North Texas company plans to acquire Kenvue Inc., a personal care product provider with brands like Tylenol, in a deal that values the target at about $48.7 billion, according to a statement on Monday<\/a>. The cash and stock transaction is expected to close in the second half of 2026.<\/p>\n

The company will maintain Kimberly-Clark<\/a>\u2019s headquarters in Irving, and Michael Hsu will be the chairman and CEO, according to the statement. <\/p>\n

The deal creates a bigger player in the health space and expands Kimberly-Clark<\/a>\u2019s reach into the consumer space with the combined company\u2019s $10 billion brands.<\/p>\n

Kimberly-Clark\u2019s lineup includes Huggies, Kleenex and Kotex while Kenvue covers names such as Aveeno, Band-Aid, Listerine and Neutrogena. The deal will bring together products \u201cthat touch nearly half the global population through every stage of life,\u201d the statement said. <\/p>\n

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\u201cOver the last several years, Kimberly-Clark has undertaken a significant transformation to pivot our portfolio to higher-growth, higher-margin businesses while rewiring our organization to work smarter and faster,\u201d Hsu, Kimberly-Clark CEO, said in the statement. \u201cWe have built the foundation and this transaction is a powerful next step in our journey.\u201d<\/p>\n

Related<\/p>\n

\"CEO<\/p>\n

The combined businesses would generate 2025 annual net revenue of about $32 billion. <\/p>\n

As part of the transaction, Kimberly-Clark has received committed financing from JPMorgan Chase Bank and intends to fund the cash component of the transaction consideration through a combination of cash from its balance sheet, proceeds from new debt issuance and proceeds from the previously announced sale of a 51% interest in its international family care and professional business.<\/p>\n

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