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Perrigo Offloads LATAM Business In Push To Cut Costs And Improve Margins

 
• By Tom Gallen

Perrigo has struck a deal with Advent International to offload its "sub scale" and margin-dilutive OTC businesses in Mexico and Brazil.

Latin America map
• Source: Alamy

Perrigo Company is poised to divest its Latin American OTC business to private-equity firm Advent International as part of its ongoing self-care transformation plan.

This transaction, which is expected to close in the second half of this year, will see Advent acquire

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