Perrigo completes acquisition of OTC self-care brands in Eastern Europe
Perrigo Company, global provider of Quality, Affordable Self-Care Products, announced that it has completed the acquisition of three Eastern European OTC skincare and hair loss treatment brands, Emolium, Iwostin and Loxon from Sanofi. The acquisition underscores the numerous bolt-on opportunities that are advancing Perrigo's transformation to a consumer-focused, global self-care company.
Svend Andersen, Executive Vice President and President Consumer Self-Care International said: "The acquisition of these market-leading OTC brands highlights the attractive growth opportunities available across Europe and further strengthens our robust self-care portfolio. Our best-in-class skincare competencies coupled with a full product pipeline, enables us to expand these margin accretive brands that consumers trust into growing geographies."
Perrigo is a provider of Quality, Affordable Self-Care Products and over-the-counter (OTC) health and wellness solutions that enhance individual well-being by empowering consumers to proactively prevent or treat conditions that can be self-managed.