18.11.2014 • News • Perrigo • Mergers & Acquisitions (M&A) • healthcare

Perrigo to Acquire Omega Pharma for €2.48 Million

To expand its over-the-counter products portfolio, Irish consumer healthcare company Perrigo plans to acquire Belgium's Omega Pharma for €2.48 billion, excluding debt.

Perrigo, which was de-listed by CEO Coucke and private equity firm Waterland in 2011, said it would also take on €1.1 million of debt from privately held Omega.
The Belgian company sells prescription-free medicines, healthcare products and personal care items such as wart treatments and suntan lotions.

 

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VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.