Galderma to acquire ZO Skin Health for $1.5 billion

AI-generated briefing · First published 2026-10-14 12:16:16 UTC

Galderma agreed to buy ZO Skin Health from Blackstone Tactical Opportunities and the Obagi family for $1.5 billion.

Galderma signed an agreement to acquire ZO Skin Health from shareholders including Blackstone Tactical Opportunities and the Obagi family for an enterprise value of $1.5 billion, funded by cash reserves and bank financing. [1] [2] [3] [4]

ZO Skin Health reported net sales of about $330 million for the twelve months ended June 2026. The deal is expected to close in the fourth quarter of 2026 or early 2027, subject to regulatory approvals. [1] [4]

Sources

1. 高德美以15亿美元企业价值收购 ZO Skin Health

   Sina Finance · 2026-10-14 05:17:45 UTC · Full text

2. Galderma to Buy ZO Skin Health for $1.5 Billion

   WSJ Markets · 2026-10-14 05:47:00 UTC · Summary only

3. Galderma to Buy ZO Skin Health for $1.5 Billion

   WSJ Business · 2026-10-14 05:47:00 UTC · Summary only

4. 高德美将以15亿美元收购ZO Skin Health

   Sina Finance · 2026-10-14 11:58:20 UTC · Full text

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