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Perrigo buys private animal healthcare company for $285 mln
September 13, 2012 / 11:47 AM / in 5 years

Perrigo buys private animal healthcare company for $285 mln

Sept 13 (Reuters) - Generic drugmaker Perrigo Co said it would buy privately held animal healthcare products maker Sergeant’s Pet Care Products Inc for $285 million in cash.

The deal is expected to add about 20 cents per share to adjusted earnings in the first fiscal year after closing.

Sergeant’s is expected to have over $140 million in sales for the fiscal year ending Sept. 30.

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