Karo Healthcare, a leading Swedish healthcare company, has recently announced its acquisition of the esteemed 70-year-old dermatologist-approved skincare brand, E45, from Reckitt Benckiser.

Reckitt Benckiser said on Friday it plans to sell its E45 skincare brand and related sub-brands to Karo Pharma for 200 million pounds ($267.98 million), as the British consumer goods maker shifts ...