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Kimberly Clark buys Tylenol maker Kenvue in $48B deal
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Subscribe04 NOV 2025 / BUSINESS
Texas-based consumer goods manufacturer Kimberly-Clark has announced plans to purchase Kenvue, parent company of brands Tylenol, Band-Aid, and Neutrogena, for $48.7 billion. The deal could boost Kimberly-Clark's annual revenue to $32 billion and place it as the world second largest health and wellness brand, however, investors reacted negatively with the company's shares falling 15%, the largest single-day drop in 25 years.
It’s not every Monday you see diapers, tissues, and painkillers in the same sentence. But here we are. Kimberly-Clark, the Texas-based maker of Huggies, Kleenex, and Cottonelle, just announced it’s buying Kenvue, the parent company of Tylenol, Band-Aid, a...
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