Perrigo To Expand Into Adjacent Self-Care By Acquiring Ranir

– All cash transaction valued at $750 million, or approximately $685 million inclusive of cash tax benefits on a present value basis

– Ranir generated net sales of $287 million in calendar year 2018 and is anticipated to be growth and adjusted margin accretive to Perrigo’s consumer business

– Transaction expected to be approximately $0.10 accretive to 2019 adjusted EPS assuming an expected third quarter 2019 closing

https://www.prnewswire.com/news-releases/perrigo-to-expand-into-adjacent-self-care-category-by-acquiring-ranir-global-holdings-llc-the-leading-global-private-label-supplier-of-oral-self-care-products-300847179.html