Acquisitions
Karex acquired a 55% stake in Boston based Global Protection Corp. in 2014. Global Protection Corp. is the company behind the brands ONE Condoms, Trustex, NuVo, Fantasy, Night Light, and Satin Oral Dams. Karex later acquired the remaining 30% stake in Global Protection Corp. for RM 42.26 million, alongside the issuance of new shares.
Karex issued 82.93 million new shares to Global Protection Corp. president and director Davin Wedel.[8] The acquisition positions Wedel to own 7.64% of the enlarged company while Karex Global Ltd. owns 100% of Global Protection Corp.
Pasante Healthcare Limited was acquired by Karex Behard in 2016 for £6 million. Karex's wholly-own subsidiary, Karex Holdings Sdn Bhd acquired the entire stake in the West Sussex, United Kingdom based company.[9]
Karex acquired the intellectual property of TheyFit LLC, as well as FDA approvals for US$1.3 million. Karex's subsidiary, Global Protection Corp will manage the intellectual property, adding select sizes from the TheyFit offering to a new brand, MyONE Custom Fit Condoms.[10]
The intellectual property of Line One Laboratories was acquired by Karex in 2016 for US$8 million. Line One owned the intellectual property rights for trademarks and patents of Trustex and Fantasy brand condoms.[11]
In January 2026, Karex subsidiary Global Protection Corp. announced that it has secured exclusive licensing rights for Harmony Condoms from Pamco Brands.[12][13]
