Hims & Hers Health to Buy Australia’s Eucalyptus in Deal Worth Up to $1.15B

In a major move in the health and wellness sector, Hims & Hers has agreed to acquire Australia’s retail health and beauty company Eucalyptus in a deal valued at up to $1.15 billion. This acquisition marks one of the largest international expansions for Hims & Hers as it seeks to broaden its footprint beyond the United States and strengthen its position in the global stock market. The deal reflects growing investor interest in health and wellness brands that combine digital platforms with brick‑and‑mortar presence.