Haleon plc is a British multinational consumer healthcare company with headquarters in

Weybridge Weybridge () is a town in the Borough of Elmbridge in Surrey, England, around southwest of central London. The settlement is recorded as ''Waigebrugge'' and ''Weibrugge'' in the 7th century and the name derives from a crossing point of the ...

, England. It is the largest consumer healthcare business in the world, with brands including

Sensodyne Sensodyne is a brand name of toothpaste and mouthwash targeted at people with sensitive teeth. Sensodyne is owned by Haleon and is marketed under the name Shumitect in Japan. Effectiveness Sensodyne toothpastes work in different ways dependin ...

toothpaste Toothpaste is a paste or gel dentifrice used with a toothbrush to clean and maintain the aesthetics and health of teeth. Toothpaste is used to promote oral hygiene: it is an abrasive that aids in removing dental plaque and food from the teeth, ...

Panadol Paracetamol, also known as acetaminophen, is a medication used to treat fever and mild to moderate pain. Common brand names include Tylenol and Panadol. At a standard dose, paracetamol only slightly decreases body temperature; it is inferio ...

and

Advil Ibuprofen is a nonsteroidal anti-inflammatory drug (NSAID) that is used for treating pain, fever, and inflammation. This includes painful menstrual periods, migraines, and rheumatoid arthritis. It may also be used to close a patent ductus a ...

painkillers An analgesic drug, also called simply an analgesic (American English), analgaesic (British English), pain reliever, or painkiller, is any member of the group of drugs used to achieve relief from pain (that is, analgesia or pain management). It i ...

and

Centrum (Latin for ''center'') may refer to: Places In Greenland * Nuuk Centrum, a district of Nuuk, Greenland * Centrum Lake, Greenland In the Netherlands * Amsterdam-Centrum, the inner-most borough of Amsterdam, Netherlands * Rotterdam Centrum, a borou ...

vitamin A vitamin is an organic molecule (or a set of molecules closely related chemically, i.e. vitamers) that is an Nutrient#Essential nutrients, essential micronutrient that an organism needs in small quantities for the proper functioning of its ...

s. The company is a global leader in

over the counter Over-the-counter (OTC) drugs are medicines sold directly to a consumer without a requirement for a prescription from a healthcare professional, as opposed to prescription drugs, which may be supplied only to consumers possessing a valid prescr ...

medicines with a 7.3 percent market share. Haleon was established on 18 July 2022 as a

corporate spin-off A corporate spin-off, also known as a spin-out, or starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. Characte ...

from GSK. Sir David Lewis is

chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...

, with Brian McNamara as CEO. Haleon is listed on the

London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...

and is a component of the

FTSE 100 The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is a share index of the 100 companies listed on the London Stock Exchange with (in principle) the highest market ...

, with a secondary listing on the

New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed c ...

. Annual sales amounted to around £10 billion across 120 markets in 2020.

History

GSK and

Pfizer Pfizer Inc. ( ) is an American multinational pharmaceutical and biotechnology corporation headquartered on 42nd Street in Manhattan, New York City. The company was established in 1849 in New York by two German entrepreneurs, Charles Pfizer ...

merged their consumer healthcare businesses in 2019. GSK owned just over two thirds of the

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acces ...

, and Pfizer held the remainder. GSK announced plans to spin-off Haleon in 2018 in order to give the "tired drugmaker extra focus and firepower by gearing up and hiving off the consumer division".

Unilever Unilever plc is a British multinational consumer goods company with headquarters in London, England. Unilever products include food, condiments, bottled water, baby food, soft drink, ice cream, instant coffee, cleaning agents, energy drink, t ...

offered £50 billion for the business in 2022, in a bid which GSK rejected.

Nestlé Nestlé S.A. (; ; ) is a Switzerland, Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland. It is the largest publicly held food company in the world, measured by revenue and other me ...

examined the possibility of a bid in conjunction with

Reckitt Reckitt Benckiser Group plc, trading as Reckitt, is a British multinational consumer goods company headquartered in Slough, England. It is a producer of health, hygiene and nutrition products. The company was formed in March 1999 by the mer ...

Operations

Oral health accounted for 28.5 percent of revenue in 2021. Gross assets amounted to over £45 billion on 31 March 2022.

Brands

Brands include:

Ownership

As of 2022, Pfizer owns 32 percent of Haleon, while GSK retain a 13 percent stake.

References

External links

* {{authority control, state=expanded 2022 establishments in England Companies based in Surrey Companies listed on the London Stock Exchange Corporate spin-offs Dental companies Health care companies of England Manufacturing companies of England Manufacturing companies established in 2022 Multinational companies headquartered in England Personal care companies GSK plc Pfizer Weybridge, Surrey