Advertise With UsAdvertise on our extensive network of industry websites and newsletters.
Get the PBR newsletterSign up to our free email to get all the latest PBR
news.Perrigo Company, a manufacturer of OTC pharmaceutical products, has acquired Unico Holdings, a manufacturer of pediatric electrolytes, enemas and feminine hygiene products for retail customers in the US, for approximately $49 million in cash.
Subscribe to our email newsletter
The acquisition is expected to add nearly $50 million of annual sales and be accretive to earnings in the first 12 months.
Joseph Papa, chairman and CEO of Perrigo, said: “The acquisition of Unico expands our store brand product offering into important categories that we currently do not offer.
“This investment further solidifies Perrigo’s commitment to providing our customers the broadest portfolio of store brand products in the industry and to meeting the world’s growing need for quality, affordable healthcare.”