The merger brings together two trusted giants—Kimberly-Clark and Kenvue to redefine the future of personal care and consumer health worldwide
DALLAS — November 3, 2025. In a game changing move for the health and wellness industry, Kimberly – Clark Corporation has announced plans to acquire Kenvue Inc. in a cash and stock Transaction worth about US$48.7 billion. Based on Kimberly-Clark’s closing price on October 31, 2025, the deal stands as one of the largest mergers in the personal care and healthcare sectors.
Mike Hsu, Chairman and CEO of Kimberly-Clark, said the merger will create a stronger company focused on science, innovation and consumer trust. “Kenvue is uniquely positioned at the intersection of consumer packaged goods and healthcare,” Hsu noted. “With shared commitment to innovation, we will serve billions of Consumers across every stage of life.”
Building a Global Wellness Leader
The combined company will bring together iconic brands worth over US$10 billion each, reaching nearly half of the world’s population. Together, they aim to make self-care more accessible and effective for consumers of all ages.
“We aim to empower people to make informed decisions about their well-being,” said Lina Maria Toro, Managing Director for North Latin America at Kenvue. “Through our trusted brands backed by science and professional endorsement – we are improving health standards and supporting communities worldwide.
What the Deal Means for Shareholders and Consumers
Kenvue’s Chair of the Board, Larry Merlo, shared that the transaction follows a thorough strategic review and provides “significant upfront value” to shareholders. Once the merger closes, the combined company will operate as a global health and wellness leader with expanded market reach and a stronger product portfolio.
Kimberly-Clark plans to leverage its marketing expertise and commercial networks with kenvue’s science-based innovations and healthcare connections. This collaboraion is expected to drive growth across major markets.
According to Kimberly-Clark, the merged company is projected to generate about US$32 billion in annual net revenue and approximately US$7 billion in adjusted EBITDA by 2025. The companies expect around US$500 million in extra profits from new revenue opportunities.
Integration cost are expected to total US$2.5 billion over two year. Most saving and efficiencies are anticipated within three years of closing the deal. Despite the large investment, Kimberly-Clark says it will maintain a strong credit profile and financial flexibility for future growth.
This acquisition marks a bold step forward in the global health and personal care market. By uniting Kimberly-Clark’s consumer expertise with Kenvue’s science-driven innovation, the companies aim to shape the future of health and self-care.
As the transaction moves through regulatory approvals, the world will be watching how this health and wellness powerhouse transforms the industry – bringing trusted brands, innovation and care to billions of consumer across the globe.