Prestige Consumer Buys Breathe Right Brand

Prestige Consumer Healthcare is acquiring the Breathe Right brand and other assets from Foundation Consumer Healthcare for $1.05 billion. This strategic acquisition is expected to significantly bolster Prestige's portfolio in the consumer health products market. The deal, valued after tax benefits at approximately $900 million, underscores Prestige's growth strategy through targeted acquisitions. The integration of Breathe Right is anticipated to enhance market presence and product offerings.