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

Weybridge Weybridge () is a town in the Borough of Elmbridge, Elmbridge district 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 cro ...

, England. It is one of the largest consumer healthcare businesses in the world, with brands including Sensodyne

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

, Panadol and

Advil Advil is a brand of pain reliever, pain-relieving medication, currently owned by Haleon, Haleon plc. The primary active ingredient in most Advil-branded products is ibuprofen, a non-steroidal anti-inflammatory drug, nonsteroidal anti-inflammato ...

painkillers, and Centrum

vitamin Vitamins are Organic compound, organic molecules (or a set of closely related molecules called vitamer, vitamers) that are essential to an organism in small quantities for proper metabolism, metabolic function. Nutrient#Essential nutrients, ...

s. The company was projected to be a global leader in over the counter medicines with a 7.3 percent market share in 2022. Haleon was established on 18 July 2022 as a

corporate spin-off A corporate spin-off, also known as a spin-out, 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. It is distinct ...

from GSK. Sir Dave Lewis is

chairman The chair, also chairman, chairwoman, or chairperson, 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 gro ...

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

London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...

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 the United Kingdom's best-known stock market index of the 100 most market capitalisation, highly capitalised ...

, 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, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...

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

History

GSK and

Pfizer Pfizer Inc. ( ) is an American Multinational corporation, multinational Pharmaceutical industry, pharmaceutical and biotechnology corporation headquartered at The Spiral (New York City), The Spiral in Manhattan, New York City. Founded in 184 ...

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 acce ...

, and Pfizer held the remainder. GSK announced plans to spin off Haleon in 2022, in order to give the "tired drugmaker extra focus and firepower by gearing up and hiving off the consumer division," according to Reuters.

Unilever Unilever PLC () is a British multinational consumer packaged goods company headquartered in London, England. It was founded on 2 September 1929 following the merger of Dutch margarine producer Margarine Unie with British soap maker Lever B ...

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

Nestlé Nestlé S.A. ( ) is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Switzerland. It has been the largest publicly held food company in the world, measured by revenue and other metrics, since 20 ...

examined the possibility of a bid in conjunction with

Reckitt Reckitt Benckiser Group PLC, currently branded as Reckitt, formerly known as Reckitt Benckiser, is a British multinational consumer goods company headquartered in Slough, United Kingdom. It is a producer of health, hygiene and nutrition pro ...

. In October 2023, GSK reduced its ownership share in Haleon to just over 7.4%, and again in January 2024 down to 4.2%. The Lamisil

antifungal An antifungal medication, also known as an antimycotic medication, is a pharmaceutical fungicide or fungistatic used to treat and prevent mycosis such as athlete's foot, ringworm, candidiasis (thrush), serious systemic infections such as ...

brand was sold to Karo Healthcare AB for £235 million in August 2023; the transaction was completed in November 2023. The ChapStick lip care brand was sold to Yellow Wood Partners for £401 million in 2024. In March 2024, Pfizer reduced its stake in Haleon from 32% to 24% by selling 630 million shares in a public offering. In April 2024 Haleon announced that it planned to close its factory in

Maidenhead Maidenhead is a market town in the Royal Borough of Windsor and Maidenhead in the county of Berkshire, England. It lies on the southwestern bank of the River Thames, which at this point forms the border with Buckinghamshire. In the 2021 Census, ...

. Toothpaste manufacturing would be relocated to

Slovakia Slovakia, officially the Slovak Republic, is a landlocked country in Central Europe. It is bordered by Poland to the north, Ukraine to the east, Hungary to the south, Austria to the west, and the Czech Republic to the northwest. Slovakia's m ...

, with mouthwash production outsourced to a third party. In September 2024, the company completed the sale of its non-US Nicotine Replacement Therapy business to

Dr. Reddy's Laboratories Dr. Reddy's Laboratories Ltd. is an Indian multinational Pharmaceutical industry, pharmaceutical company based in Hyderabad. The company was founded by Kallam Anji Reddy, who previously worked in the mentor institute Indian Drugs and Pharmace ...

in a deal worth £458 million. In March 2025, Pfizer sold its entire stake in Haleon for approximately £2.5 billion ($3.24 billion), marking its complete exit from the consumer healthcare firm it helped create through its 2019 joint venture with GSK.

Operations

Oral health accounted for 28.5 percent of revenue in 2021.

Brands

Current

Brands include:

Divested

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 of the United Kingdom Health care companies of England Manufacturing companies of England Manufacturing companies established in 2022 Multinational companies headquartered in England Personal care companies of the United Kingdom Weybridge, Surrey Companies in the FTSE 100 Index British companies established in 2022