Perrigo Trades Rx For HRA With €1.8bn Acquisition

Deal To Buy OTC Specialist Completes Perrigo’s Self-Care Transformation

Perrigo has announced a deal to acquire consumer healthcare company HRA Pharma for €1.8bn. The move comes after the firm shed the majority of its prescription pharmaceuticals interests in recent years and completes its transformation into a fully self-care focused company.

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Perrigo has announced a €1.8bn deal for HRA Pharma • Source: Shutterstock

Just a couple of months after completing the divestment of its Rx prescription generics business to Altaris Capital Partners for $1.55bn, Perrigo has splashed out with a €1.8bn ($2.1bn) deal to acquire consumer healthcare player HRA Pharma, completing the company’s transformation into a fully self-care focused company. (Also see "Perrigo Reaches $1.5bn Deal With Altaris For Rx Business" - Generics Bulletin, 2 March, 2021.)

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