Prestige Consumer Healthcare Inc. to acquire Foundation Consumer Brands, LLC

Prestige Consumer Healthcare Inc. has agreed to acquire Foundation Consumer Brands, LLC in a strategic acquisition valued at 1,045,000,000 USD. The transaction consideration is to be settled entirely in cash. Both the buyer and the target are based in the United States, operating within the healthcare sector. The deal was announced on 16 June 2026, following a completion date of 12 June 2026. This transaction represents a significant consolidation within the US healthcare market, bringing together two established entities to expand their combined portfolio.

The acquisition allows the buyer to integrate the target's consumer health brands into its existing operations. No specific details regarding the strategic rationale or the valuation methodology were disclosed in the available records. The transaction has been formally completed, marking the end of the regulatory review period. The deal is now fully executed, with ownership of Foundation Consumer Brands, LLC transferred to the acquiring party. The transaction is subject to regulatory approval.