J&J/Coloplast
This article was originally published in The Gray Sheet
Executive Summary
Consumer products unit of Danish firm Coloplast is acquired by Johnson & Johnson. The company has distributed the unit's Compeed consumer wound dressings under the Band-Aid brand in North America since 1997 and in Australia and Japan under subsequent agreements. The business generated about $23 mil. in revenues in 2001. Coloplast, which will now concentrate on the professional health care market, also offers ostomy, continence care, skin care and chronic wound dressings, and will continue to develop and manufacture the Compeed products for J&J...