Here’s the Deal: Karo Healthcare

Category Private Equity
Company Karo Healthcare
Industry Healthcare
Woman applying skincare to her face while looking in a mirror.
Play Video

Some of the least talked about healthcare needs can also be some of the most resilient consumer categories. From treating eczema and athlete's foot to managing intimate health and everyday wellness, consumers consistently turn to trusted over-the-counter brands.

Headquartered in Sweden, Karo Healthcare is one of Europe's leading consumer healthcare companies, with a portfolio of well-known brands serving these everyday needs.

KKR agreed to acquire Karo in April 2025, right after “Liberation Day”, a period of significant market volatility. Our in-house capital markets team helped us move quickly and with certainty, enabling us to pursue what we viewed as a compelling opportunity.

We see potential to accelerate Karo’s growth by:

  • Expanding digital and e-pharmacy presence 
  • Re-awakening heritage brands 
  • Driving supply-chain efficiencies 

In this episode of “Here’s the Deal,” learn more about why we invested in Karo and how this deal exemplifies key elements of our investment approach.

Explore More
A computer showing a 3d model of a robotic arm that is operating a few feet away.
Here’s the Deal: Fuji Soft
Private Equity
A charcoal wall with the words "LEADING THE WAY IN POSTTRADE" painted - the letters OSTTRA are set in a contrasting color.
Here’s the Deal: OSTTRA
Private Equity
A computer rendering of a satellite unfolding its solar panels in orbit over the earth.
Here’s the Deal: OHB
Private Equity
A top-down view of a wooden table filled with a wide assortment of snacks, including crackers, cookies, chocolates, cheeses, fruits like grapes and strawberries.
Here’s the Deal: Arnott's
Private Equity
Cows grazing on pasture.
Here's the Deal: SmaXtec
Private Equity

Explore Here's the Deal: Investment stories from across the globe.

LEARN MORE