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Ranir Oral Care Deal Could Brighten Perrigo's Turnaround Chances

 
• By Malcolm Spicer

Ranir has a portfolio of more than 300 oral care solutions including power toothbrushes and heads, whitening strips, manual toothbrushes, floss, dentures and travel kits that it provides to retailers and other distributors in more than 50 countries. Adding Ranir, says Perrigo CEO Murray Kessler, "illustrates a key component of our new strategy, accelerating growth by pursuing adjacent self-care categories."

Perrigo Co. PLC can add oral care private label leader to its mantle with an agreement to purchase Ranir Global Holdings LLC, which also markets the Rembrandt toothpaste and whitener and Placks floss brands, in a $750m cash deal.

Grand Rapids, Mich

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