Bausch Health's Aesthetics Business, Solta Medical, Acquires Longtime Distribution Partner, the Shibo Group, to Strengthen Presence in China
Group 1 - The acquisition of Wuhan Shibo Zhenmei Technology Co., Ltd. enhances Solta Medical's position in the growing aesthetics market in China [1] - This transaction is part of Bausch Health Companies Inc.'s strategy to expand its global aesthetic business [1] - The acquisition focuses on the aesthetics distribution business of the Shibo group, indicating a targeted approach to meet rising demand [1]