Perrigo Company PLC’s latest acquisition, announced a week before publishing its latest quarterly results, is in a nutritional product category currently caught in a supply crisis and, lawmakers and regulators emphasize, rapidly needs increased supplies, infant formula.
Perrigo Adds Good Start Brand In $230M Statement On Boosting Infant Formula Production Capacity
Good Start formula line marketed in US and in Canada will move to Perrigo from Nestle along with a formula plant in Wisconsin, where Perrigo will expand current 29mil pound annual production capacity to 36m within 18 months. Good Start available in US as part of iconic Gerber brand and under Nestle brand in Canada.
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