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MYL - Perrigo To Acquire Ranir Global For Oral Self-Care Tech
Mylan N.V.
Quick Take
Perrigo Company (PRGO) announced it has agreed to acquire Ranir Global Holdings for $750 million.
Ranir designs, manufactures and markets oral self-care and personal care products.
With the deal for Ranir, PRGO is expanding into adjacent markets as part of a continuing focus on developing or acquiring growth opportunities.
Target Company
Grand Rapids, Michigan-based Ranir was founded in 1979 and has a portfolio of over 300 oral self-care products that it markets in over 50 countries globally.
Management is headed by CEO and President Rich Sorota, who has been with