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Slide #100. Perrigo Company — Velcera, Inc.
Perrigo Company (NYSE:PRGO)
Perrigo Company (Nasdaq: PRGO; TASE) today announced that it has closed the acquisition of Velcera, Inc. ("Velcera"), Yardley, Pennsylvania based pet health products company for approximately $160 million in cash.
Perrigo is a provider of over-the-counter health and wellness solutions that can be self-managed. Co.'s segments are as follows: Consumer Self-Care Americas, which is focused primarily on the sale of self-care products in categories including upper respiratory, pain and sleep-aids, digestive health, nutrition, vitamins, minerals and supplements; Consumer Self-Care International, which develops, manufactures, markets, and distributes European consumer self-care brands in the upper respiratory, pain and sleep-aids, digestive health, vitamins, minerals and supplements; and Prescription Pharmaceuticals, which develops, manufactures, and markets a portfolio of generic prescription drugs.
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Strong Buy (3.80 out of 4)