Estimated Control Closed Transaction verified BeautyConsumerLip BalmLip CarePersonal Care
ChapStick acquired by Suave Brands Company
Suave Brands Company acquired ChapStick, a Global lip care brand, on Jan 25, 2024.
Transaction summary
- Target
- ChapStick
- Acquirer
- Suave Brands Company
- Seller
- Haleon
- Announced
- 2024-01-25
- Geography
- Global
- Tags
- BeautyConsumerLip BalmLip CarePersonal Care
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- -
- First added
- 2026-08-08
- Latest update
- 2026-08-08
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
-
Period: FY 2023
Basis: Public source
EV / EBITDA
-
EBITDA basis not stated
Basis: Public source
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
- USD 510m consideration is treated as publicly disclosed or derived directly from public source data.
- Valuation covers 100% of the target; the amount invested or paid for a stake is separate.
- Metric period: FY 2023.
- Official consideration is $430m cash plus a retained interest valued at approximately $80m. Haleon disclosed approximately GBP 112m of FY2023 ChapStick revenue; no canonical multiple or exact retained ownership percentage is inferred.
Source summary
No public source summary has been published for this transaction yet.