Back to today’s briefing

Story perspectives

Prestige Consumer Healthcare Acquires Breathe Right for $1.045 Billion

3/21/2026

44 8

Summary

Story summary

Prestige Consumer Healthcare will acquire the Breathe Right brand and related over-the-counter products from Foundation Consumer Healthcare for $1.045 billion.
Breathe Right generated about $200 million in revenue and $95 million in EBITDA in 2025.
The acquisition is expected to be immediately accretive to Prestige’s revenue, margins, and earnings per share, with a clear path to reduce net leverage below 3.0x by fiscal 2028.

1 of 1

Story summary

Prestige Consumer Healthcare will acquire the Breathe Right brand and related over-the-counter products from Foundation Consumer Healthcare for $1.045 billion.
Breathe Right generated about $200 million in revenue and $95 million in EBITDA in 2025.
The acquisition is expected to be immediately accretive to Prestige’s revenue, margins, and earnings per share, with a clear path to reduce net leverage below 3.0x by fiscal 2028.