ChapStick acquired by Suave Brands Company
Suave Brands Company acquired ChapStick, a Global lip care brand, on Jun 3, 2024.
Transaction summary
- Target
- ChapStick
- Acquirer
- Suave Brands Company
- Seller
- Haleon
- Announced
- 2024-01-25
- Geography
- Global
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- -
- First added
- 2026-08-08
- Latest update
- 2026-10-18
Value and multiples
100% enterprise value
USD 510M
100% enterprise value | USD
Basis: Public source
Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.
EV / revenue
3.58x
Period: FY2023
Basis: Derived from source data
EV / EBITDA
-
EBITDA basis not stated
Basis: Estimated
Amounts paid and other reported values
Original reported amounts and bases; a stake payment is distinct from the estimated whole-company valuation.
Consideration: USD 510M
Haleon 25 January 2024 announcement.
Basis
- Haleon announced US$430m cash plus an interest valued at about US$80m, giving estimated EV of US$510m. FY2023 revenue was £112m. At the stored 25 January 2024 rate of US$1.2735/£, revenue is US$142.632m and EV/revenue is 3.58x.
Other reviewed estimates
Earlier estimates and their sources.
Source summary
Yellow Wood Partners Portfolio Company Suave Brands Company Completes ChapStick Acquisition
EstimatedJune 3, 2024 press release: Suave Brands Company completed the acquisition of the ChapStick brand from Haleon; Haleon became a shareholder in Suave Brands Company. Financial terms were not disclosed.
Open sourceHaleon, 25 January 2024
EstimatedChapStick generated £112 million in revenue for the FY ended 31 December 2023.
Open sourceContinue your research
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