MeridianMade Agrees Up to $175M Perrigo Formula Deal
MeridianMade, an American infant-nutrition contract manufacturer with plants in Reading, Pennsylvania, Allerton, Iowa, and Portland, Oregon, agreed October 29 to acquire Perrigo’s infant-formula business for total consideration of up to $175 million. The proposed deal would add a supplier of store-brand formula to MeridianMade’s domestic manufacturing platform. Perrigo would receive $40 million in cash at […]