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Perrigo Out From Under VMS Weight As IVC Lifts Private Label Profile

 
• By Malcolm Spicer

The cash deal for Perrigo's vitamins, minerals and supplements business will make International Vitamin Corporation the largest US private label nutritional product manufacturer and better position Perrigo to either continue on its own or as an even more attractive takeover target.

Perrigo Co. PLC finds a buyer for its dietary supplements business, International Vitamin Corp. Inc., a year after saying the segment would be on the block if it continued weighing down earnings.

The cash deal announced June 20, with terms undisclosed, will make IVC the largest US private label nutritional product manufacturer...

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