SHARE

Haleon sells Chapstick brand for $430m

The consumer healthcare group, which was spun out of GSK in 2022, has announced the sale of Chapstick to Suave Brands for $430m. Haleon has said the sale of Chapstick will allow it to simplify the business and pay down debt more quickly.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.