DS Healthcare acquires WR Group

Written on: August 24, 2015 by SprayTM

DivineSkinDS Healthcare announced a definitive agreement to acquire 100% of the stock of privately-held WR Group, Inc., Arizona-based marketers and distributors of personal care products, for a reported $34 million in cash and $2.5 million in DS Healthcare stock. With a portfolio featuring brands such as Biovea, Biomedx, KeratinMD and AcneGen, the acquisition of WR Group is expected to increase DS Healthcare revenues to over $65 million annually, according to the company.