Displaying items by tag: Ranir Global Holdings LLC
Perrigo CEO sees Grand Rapids Medical Mile as potential ‘Silicon Valley of self-care’
GRAND RAPIDS — Executives at Perrigo Co. plc believe the company’s new North American headquarters will fit in neatly with the city of Grand Rapids’ burgeoning health care sector along Medical Mile.
Perrigo plans $113 million deal for oral care products line
ALLEGAN — Perrigo Co. plc plans to buy the oral product line from Stamford, Conn.-based High Ridge Brands Inc., which filed for bankruptcy in December.
Perrigo CEO: Confidence builds in company’s transformation plan
ALLEGAN — The transformation plan President and CEO Murray Kessler put in place last spring to return Perrigo Co. plc to revenue and earnings growth appears to have gained traction late in 2019, based on preliminary results for the fourth quarter.
M&A Awards: Ranir deal positions Perrigo to seize self-care opportunity
Perrigo Co. plc’s $750 million acquisition of Ranir Global Holdings LLC brought together two companies that essentially were following the same path when their CEOs decided to talk business toward the end of 2018.
Perrigo reports progress on transformation plan
ALLEGAN — Perrigo Co. plc reaffirmed its 2019 earnings guidance and reported a slight decline in net sales resulting from unfavorable currency translations and exited businesses.
Perrigo completes divestiture of animal health business
ALLEGAN — Perrigo Co. plc completed the sale of its animal health business for $185 million to PetIQ LLC, an Eagle, Idaho-based pet health and wellness company.
Perrigo completes $750 million acquisition of Ranir, raises earning guidance
ALLEGAN — Perrigo Co. plc today closed on the $750 million cash acquisition of Grand Rapids-based Ranir Global Holdings LLC.
Ranir solidifies exit plan – and ROI for investors – with $750M sale to Perrigo
GRAND RAPIDS — Executives at Ranir Global Holdings LLC put a plan in place four years ago to grow the company and prepare for investors’ eventual exit. By 2018, as the world’s largest producer of private-label store-brand oral care products grew sales and earnings at double-digit rates, management started exploring various options, including the potential for an IPO.