Bayer Trims Consumer Portfolio Selling Solarcaine, Other US, Canada Skin Care Brands To WellSpring

WellSpring, owned by private equity firm Avista Capital Partners, purchasing Solarcaine, diaper rash and skin protectant A+D and Canadian brands Cortate and Complex 15. Bayer’s long-term commitment to consumer health one of key issues facing its next CEO, Bill Anderson.

Solarcaine brand will have a new owner under Bayer's planned sale to WellSpring Consumer Healthcare. • Source: Shutterstock

Bayer AG continues trimming its consumer health portfolio, while remaining committed to continue in the sector, with the sale of Solarcaine and three other OTC skin care brands to Florida firm WellSpring Consumer Healthcare

WellSpring, a portfolio company of middle-market health care private equity firm Avista Capital Partners, is purchasing Bayer products including the...

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