Kimberly-Clark to Acquire Kenvue

Kimberly-Clark announced it will acquire Kenvue in a cash and stock transaction valued at $48.7 billion.

The deal brings together two iconic companies that will combine their portfolios of complementary products, including 10 billion-dollar brands.

• The combined company would generate 2025 annual net revenues of approximately $32 billion.
• Approximately $7 billion of adjusted EBITDA based on current projections.

Kenvue, a Johnson & Johnson spinoff, is the world’s largest pure-play consumer health company, with brands including:

• Aveeno
• BAND-AID Brand
• Johnson’s
• Listerine
• Neutrogena
• Tylenol

Kimberly-Clark’s brands include:

• Huggies
• Kleenex
• Scott
• Kotex
• Cottonelle
• Poise
• Depend
• Andrex
• Pull-Ups
• Goodnites
• Intimus
• Plenitud
• Sweety
• Softex
• Viva
• WypAll

hold No. 2 share positions in approximately 70 countries.

Author summary: Kimberly-Clark acquires Kenvue for $48.7B.

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New Jersey Business Magazine — 2025-11-03