Displaying items tagged: Ranir Global Holdings LLC

Tuesday, 18 May 2021 10:34

Perrigo to sell Latin American businesses to Boston PE firm

 ALLEGAN — Perrigo Co. plc intends to sell its Mexico and Brazil-based over-the-counter business to Boston-based global private equity firm Advent International.

Published in Manufacturing
Tuesday, 11 May 2021 10:25

Perrigo ahead of schedule on self-care shift, attributes Q1 sales dip to pandemic stockpiling last year

ALLEGAN — A sales spike in the early weeks of the COVID-19 pandemic followed by a mild flu season during lockdown restrictions reduced Perrigo Co. plc’s quarterly sales to start 2021.

Published in Manufacturing
Tuesday, 27 October 2020 16:44

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. 

Published in Economic Development

Monday, 24 February 2020 10:34

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.

Published in Health Care
Sunday, 19 January 2020 15:00

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.

Published in Health Care
Sunday, 13 October 2019 16:31

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.

Published in Health Care

Thursday, 08 August 2019 10:20

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.

Published in Finance
Tuesday, 09 July 2019 11:09

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.

Published in Health Care
Tuesday, 02 July 2019 10:18

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.

Published in Health Care

Sunday, 26 May 2019 22:49

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.

Published in Health Care
Sunday, 12 May 2019 22:39

MiBiz growth report: May 12, 2019

Here is the growth report for May 12, 2019.

Published in Economic Development