Perrigo Company acquired Ranir for $750m.

Perrigo Company, a leading global provider of Quality, Affordable Self-Care Products has acquired Ranir, a leading global manufacturer of store brand and value brand oral care products under the Plackers® and REMBRANDT® trademarks for $750m. As a global leader in the store brand oral care market, Ranir's innovative technology spans consumer brands and private label products, including power and manual toothbrushes, teeth whiteners, dental floss, flossers and interdental brushes. "The addition of Ranir to the Perrigo family illustrates a key component of our new strategy; accelerating growth by pursuing adjacent self-care categories. I can't emphasize enough the opportunity we believe that exists by combining these two companies that are so closely aligned. This is highlighted by their geographic proximity, scale in store brands, leading market shares, strong and complementary customer relationships, a focus on quality, similar company cultures and a shared belief in the opportunity presented by the self-care mega-trend. We expect this strategic combination will enhance shareholder value." Murray S. Kessler, Perrigo President and CEO.