Saturday, January 28, 2012

Perrigo Company

Has anyone ever heard of Perrigo Co?

Its web site says that it is a leading global healthcare supplier that develops, manufactures and distributes over-the-counter (OTC) and prescription pharmaceuticals, nutritional products, active pharmaceutical ingredients (API) and consumer products.

On 13 November 2008, the Perrigo Company acquired Unico Holdings for approximately $49 million in cash. Based in Lake Worth, Florida, privately-held Unico was the leading manufacturer of store brand pediatric electrolytes, enemas and feminine hygiene products for retail consumers in the U.S. The acquisition was expected to add nearly $50 million to annual sales for Perrigo. This branch is located at 201 4th Avenue North according to the link provided by Business Journals. The Post had the address as 2201 4th Avenue North.

The company has been growing through acquisitions and in 2010, Perrigo was named one of the top 100 Fastest-Growing Companies by Fortune Magazine.

On Friday it announced that it is going to lay-off all 175 employees in Lake Worth and filed a WARN Notice with the State.

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