Johnson & Johnson Consumer Inc. has entered into a definitive agreement to acquire Zarbee’s Inc., a privately held producer of natural healthcare products. The acquisition will include the full line of Zarbee’s Naturals products for children and adults. Financial terms of the transaction were not disclosed.
Zarbee’s Naturals was founded in 2008 by Dr. Zak Zarbock, “a pediatrician who was inspired to create safe, wholesome and effective alternatives to traditional OTC medicines,” the company says. His first product was a honey-based kids’ cough syrup made with vitamin C and zinc that was free of alcohol, drugs and artificial flavors. Over the last decade, the company has grown into a broad-based health and wellness brand in the cough, sleep, immune support and vitamin categories.
“Zarbee’s is a values-driven company that was founded on and has achieved significant growth by meeting the evolving health needs of today’s families,” said Katie Devine, global president, OTC franchise, Johnson & Johnson Consumer. “As a global OTC leader, Johnson & Johnson Consumer shares in this vision and is committed to providing innovative healthcare solutions that satisfy the preferences of consumers.”
“Through Zarbee’s Naturals, we are excited to bring a more comprehensive set of products to consumers within our core need states,” said Kathy Widmer, president, U.S. OTC, Johnson & Johnson Consumer. “The Zarbee’s team has achieved tremendous success in the marketplace, and we are excited to be a part of their future growth. Upon closing of the transaction, we look forward to working closely with the Zarbee’s team as they join the Johnson & Johnson Consumer family.”
The transaction is expected to close during the third quarter of 2018, subject to clearance under the Hart-Scott-Rodino Antitrust Improvements Act and other customary closing conditions.