Expands personal care and OTC brand portfolio
WellSpring Pharmaceutical Corporation has acquired the first aid antiseptic brand Bactine. On the market for over 65 years, Bactine offers pain relief for first aid injuries and an antiseptic that kills germs. It also offers skin protection for minor cuts, scrapes and burns.
Bactine further expands the personal care and OTC brand portfolio that WellSpring is building. Earlier this month, the company announced its acquisition of FDS, a feminine hygiene brand. Only about one year ago, the company also acquired Bonine, adding scale to its existing nausea franchise, teaming with Emetrol. WellSpring also markets Gelusil and Micatin along with a number of personal care brands, including Glaxal Base skin moisturizers and Barriere silicone skin cream.
"We are very excited about the acquisition of Bactine," said Wendy Shusko, chief executive officer, WellSpring. "We believe there is a great deal of potential in this iconic brand and look forward to leveraging its heritage in the first aid category. It is a fantastic product that relieves pain on contact and unlike many other first aid products, does not sting. It is an excellent addition to our growing portfolio. Its broad distribution in all major drug, mass and food retailers gives us an excellent platform to build upon with innovative new products and programs."
