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Yellow Wood Partners $585 million acquisition of Dr Scholl's

22/7/2019
Asset acquisition
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$ 585 million

Announced

22/7/2019

Overview:

  • US private equity firm Yellow Wood Partners has acquired foot care products brand Dr Scholl's in a $585 million deal. 
  • Dr Scholl's was sold by German pharmaceutical company Bayer. 
  • Bayer also sold sun care brand Coppertone in May 2019. 
  • Citi and Sawaya Partners acted as financial advisers for Bayer. 
  • The transaction is expected to close in the fourth quarter of 2019. 

Kurt Stumpo - US Editor

Jurisdictions:

United States
Germany

Deal type:

Asset acquisition

Practice areas:

Private equity
M&A

Industry sector:

Consumer goods and services

Firms:
Covington & Burling

Party: Bayer (Seller)

Fried Frank Harris Shriver & Jacobson

Party: Yellow Wood Partners (Acquirer)

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