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Business Acquisition

Zuellig Pharma Acquires Zam-Buk, Vapex Brands

Analysis based on 7 articles · First reported Feb 09, 2026 · Last updated Feb 09, 2026

Sentiment
30
Attention
2
Articles
7
Market Impact
Direct
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The acquisition by Zuellig Pharma is expected to strengthen its position in the Asian consumer healthcare market, potentially increasing competition for other players. For Bayer, it represents a strategic divestment of non-core assets in the region.

Pharmaceuticals Consumer goods

Zuellig Pharma, a prominent healthcare solutions company in Asia, announced on February 9, 2026, the acquisition of all rights, title, and interest in the Zam-Buk and Vapex consumer healthcare brands from Bayer Consumer Care AG. This acquisition covers the markets of Thailand, Singapore, Indonesia, Malaysia, and Brunei. Zam-Buk, launched in 1902, is an ointment for pain and itch relief, while Vapex, launched in 1917, is a nasal inhaler. This move aligns with Zuellig Pharma's strategy to expand its consumer healthcare portfolio across Asia and marks its second such acquisition, following Propan in the Philippines. John Graham, CEO of Zuellig Pharma, emphasized that this acquisition is a significant growth milestone, aiming to leverage Zuellig Pharma's regional commercial capabilities and local market expertise to expand distribution and access for these trusted brands.

95 Zuellig Pharma acquired rights to consumer healthcare brands Bayer
90 Bayer sold rights to consumer healthcare brands Zuellig Pharma
priv
Zuellig Pharma acquired the rights to the Zam-Buk and Vapex consumer healthcare brands, strengthening its consumer healthcare portfolio and expanding its presence in Asia. This acquisition is a significant growth milestone for the company.
Importance 90 Sentiment 40
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Bayer Consumer Care AG sold the rights to its Zam-Buk and Vapex brands in several Southeast Asian countries to Zuellig Pharma. This move allows Bayer to divest certain consumer healthcare assets in the region.
Importance 70 Sentiment 10
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John Graham, CEO of Zuellig Pharma, commented on the acquisition, highlighting its importance for the company's consumer healthcare portfolio and regional expansion.
Importance 50 Sentiment 0
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Thailand is one of the key markets where Zuellig Pharma acquired the rights to the Zam-Buk and Vapex brands, with Vapex having built meaningful brand recognition particularly in Thailand.
Importance 20 Sentiment 0
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Singapore is one of the markets where Zuellig Pharma acquired the rights to the Zam-Buk and Vapex brands.
Importance 20 Sentiment 0
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Indonesia is one of the markets where Zuellig Pharma acquired the rights to the Zam-Buk and Vapex brands.
Importance 20 Sentiment 0
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Malaysia is one of the markets where Zuellig Pharma acquired the rights to the Zam-Buk and Vapex brands.
Importance 20 Sentiment 0
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